Car giant BMW has followed plane-maker Airbus in warning about the consequences of Brexit uncertainty. BMW UK boss Ian Robertson says clarity is needed by the end of the summer. BMW makes the Mini and Rolls Royce and employs about 8,000 people in the UK.
The head of Nato has called on Britain to continue investing in defense amid claims that Theresa May has questioned the UK’s role as a leading military power. In a speech in London, Jens Stoltenberg said he expected the UK to continue playing a major international role.
Donald Tusk has insisted the EU does not want to build a wall, but Brexit means we will be drifting apart. The EU Council president said Theresa May wanted to demonstrate at any price that Brexit could be a success, but that was not the EU's objective. He was unveiling draft guidelines for the EU side of Brexit trade talks.
British Prime Minister Theresa May was starting a crucial trade visit to China on Wednesday as she admitted the two countries will not always see eye-to-eye in sensitive areas like steel over-capacity and intellectual property rights.
Time is running out on Brexit, and the UK should remain in a customs union with the EU, the Confederation of British Industry has warned. Carolyn Fairbairn, head of the UK business group, said there was a lack of clarity surrounding ongoing talks about the future of UK-EU trade.