Tag: Brexit

• Friday, April 12th 2019 - 10:10 UTC

  May defends the Brexit delay in Parliament, but Euro-skeptics call for her resignation

  

  British Prime Minister Theresa May defended her decision to delay Brexit and seek a compromise exit plan with the opposition Labour Party as one angry lawmaker from her own party stood up in parliament on Thursday and asked her to resign.

• Friday, April 12th 2019 - 10:04 UTC

  Bank of England sees a “window of time” to forge a Brexit consensus

  

  British politicians could now take some time to find a way forward on Brexit, Bank of England Governor Mark Carney said on Thursday, after Prime Minister Theresa May agreed on a delay of up to six months before leaving the European Union.

• Friday, April 12th 2019 - 09:28 UTC

  IMF's Lagarde glad a chaotic Brexit was avoided but warns about a prolonged uncertainty impact

  

  Further uncertainty over Brexit will hinder growth in the UK economy, the head of IMF has told the BBC. Speaking ahead of the agreement of an extension to Article 50, Christine Lagarde warned that businesses and investors will remain hesitant in the coming months. She said any prolonged uncertainty would have a “negative impact”.

• Thursday, April 11th 2019 - 09:27 UTC

  “Please don't waste this time”, Donald Tusk tells Britain

  

  European Council President Donald Tusk told Britain on Thursday not to waste the extra time to sort out Brexit after the EU agreed to a second delay to London's departure until Oct.31.

• Thursday, April 11th 2019 - 06:14 UTC

  Stockpiling ahead of Brexit helped spur the UK economy, says stats office

  

  Stockpiling by manufacturers ahead of Brexit helped the UK economy grow by 0.3% in the three months to February. The national s pointed to manufacturers “changing the timing of their activities” as the UK's exit from the EU approaches.

• Wednesday, April 10th 2019 - 09:19 UTC

  IMF cuts global 2019 growth; suggests rich countries should prop their economies

  

  The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2019 and warned growth could slow further due to trade tensions and a potentially disorderly British exit from the European Union.

• Wednesday, April 10th 2019 - 08:38 UTC

  Mrs. May pleads support from Berlin and Paris for a Brexit extension deadline

  

  British Prime Minister Theresa May toured Berlin and Paris on Tuesday to plead for an extension to the deadline for Brexit, which looked increasingly likely to be approved by EU leaders at a crunch meeting in Brussels.

• Tuesday, April 9th 2019 - 07:30 UTC

  PM May off to meet Merkel and Macron before EU summit

  

  British Prime Minister Theresa May on Monday started a last-minute flurry of European diplomacy that includes visits to Paris and Berlin as she prepares for a make-or-break Brexit summit. Still struggling to get her EU divorce deal through parliament, May is hoping European Union leaders will agree on Wednesday to delay Brexit for a second time to stop Britain crashing out of the bloc two days later.

• Monday, April 8th 2019 - 12:24 UTC

  Brexit tariffs' scare: 21.000 tons of Falklands Loligo en route to Galicia

  

  Reefers loaded with Falklands' Loligo are rushing to Vigo most concerned about what will happen on April 12, when Britain is scheduled to leave the European Union, either with a hard Brexit or agree to further negotiations with EU and an extension period. In the first case Spanish companies in Galicia fear they might have to pay millions in EU tariffs

• Monday, April 8th 2019 - 08:38 UTC

  UK Jewish Labour Movement declare a no confidence in Jeremy Corbyn

  

  The Jewish Labour Movement, which is affiliated to Britain's main opposition Labour Party, passed a motion of no confidence in party leader Jeremy Corbyn on Sunday, over his handling of anti-Semitism complaints, Sky News reported.