Tag: Brexit

• Saturday, February 9th 2019 - 09:10 UTC

  A good one for Theresa May: Dublin believes an orderly Brexit deal “can be done”

  

  Irish Prime Minister Leo Varadkar on Friday said he believed “a deal can be done” to avoid a disorderly British exit from the EU, after a meeting with a key ally of British Prime Minister Theresa May that he said went very well.

• Friday, February 8th 2019 - 09:18 UTC

  Theresa May and Juncker issue joint statement and agree to further meetings

  

  British Prime Minister Theresa May came away from a day in an increasingly impatient Brussels on Thursday with a pledge of renewed talks that held out some hope for a new Brexit deal, if no sign of compromise yet. Ms May is scheduled to fly to Dublin this Friday.

• Friday, February 8th 2019 - 09:05 UTC

  “Brexit fog”: Bank of England expects slowest growth since 2009

  

  The Bank of England expects growth this year to be the slowest since 2009 when the economy was in recession. It is forecasting growth of 1.2% this year, down from its previous November forecast of 1.7%. The Bank said it had seen further evidence that businesses were being cautious in the run-up to Brexit, including evidence from its own survey of firms. As expected the Bank kept interest rates on hold at 0.75%.

• Thursday, February 7th 2019 - 09:46 UTC

  Tusk's comments on Brexit and hell trigger massive exchange of surprising tweeting

  

  European Council President Donald Tusk has spoken of a “special place in hell” for “those who promoted Brexit without even a sketch of a plan of how to carry it out safely”. He was speaking after talks with Irish leader Leo Varadkar in Brussels.Brexit-backing MPs reacted with anger to the comments, accusing Mr Tusk of “arrogance”.

• Thursday, February 7th 2019 - 09:23 UTC

  Theresa May on “alternative arrangements” mission to Brussels and Dublin

  

  The British Prime Minister Theresa May will visit Dublin on Friday evening for Brexit talks, Ireland's Taoiseach Leo Varadkar has said. Mr Varadkar was speaking after his meeting with Commission President Jean-Claude Juncker in Brussels this afternoon.

• Wednesday, February 6th 2019 - 08:45 UTC

  Brussels insists the Irish backstop agreed with PM May is the “only operational solution”

  

  Brussels has stepped up its opposition to attempts to reopen Theresa May’s Brexit deal as senior Tories began talks on alternatives to the Irish backstop. The European Union’s chief negotiator Michel Barnier said the backstop was the “only operational solution” to prevent a hard border on the island of Ireland.

• Wednesday, February 6th 2019 - 08:41 UTC

  Forty UK trade agreements at risk in the event of a no deal Brexit, warns CBI

  

  The UK risks “crashing out” of 40 trade agreements spanning five continents in the event of a no-deal Brexit, a business organization has warned. The Confederation of British Industry, CBI, said there were “hugely damaging implications” for the UK if it had to leave trade deals it has through its membership of the European Union.

• Wednesday, February 6th 2019 - 08:37 UTC

  UK's service sector stagnated in January: new orders fell for the first time in 30 months

  

  The UK's service sector stagnated last month, with new orders falling for the first time in two-and-a-half years, according to the IHS Markit/CIPS purchasing managers' index (PMI). The figures showed a reading of 50.1 in January lower than December's 51.2.

• Tuesday, February 5th 2019 - 06:15 UTC

  Impact of a “no deal Brexit” for the tourism industry and jobs in UK

  

  Over 300,000 jobs could be at risk in the Travel & Tourism sector in the United Kingdom and almost 400,000 in Europe if the UK leaves the EU without a deal on 29 March, according to a new analysis from the World Travel & Tourism Council released on Monday. A “No Deal” Brexit would have a damaging impact on one of the UK’s most important economic sectors.

• Monday, February 4th 2019 - 08:54 UTC

  Japan's Nissan scrapping plans to make its X-Trail sports utility vehicle in UK

  

  Japanese carmaker Nissan is cancelling plans to make the next model of its X-Trail sports utility vehicle in Britain, less than two months before the country is due to leave the European Union, broadcaster Sky News said on Saturday.