Britons could face shortages of fresh food, price rises and less variety if the country leaves the European Union next month without agreeing trade terms, food industry officials say.
HSBC warned it may have to delay some investments this year as Europe's biggest bank missed 2018 profit forecasts due to slowing growth in its two home markets of China and Britain. HSBC reported a drop in fourth-quarter revenue amid tumbling stock markets that sapped customer's confidence in investing.
Joan Ryan has become the eighth British Labour MP to quit the party in the past 48 hours, citing its tolerance of a culture of anti-Jewish racism. The Enfield North MP said she was horrified, appalled and angered by Labor's failure to tackle anti-Semitism, saying its leadership allowed Jews to be abused with impunity.
Theresa May will return to Brussels on Wednesday to continue talks on her Brexit deal. She will meet the President of the European Commission, Jean-Claude Juncker. Earlier, Brexit Secretary Stephen Barclay updated Cabinet on talks with the EU's chief negotiator, Michel Barnier.
The number of people in work in the UK has continued to climb, with a record 32.6 million employed between October and December, the latest Office for National Statistics figure show. Unemployment was little-changed in the three-month period at 1.36 million.
Seven British Labour MPs have quit their party and set up as a group of independents, saying politics in Britain is “broken” and criticising Labour policy on Brexit and its failure to tackle anti-Semitism among its membership.
A visit to China by Chancellor Phillip Hammond has been called off amid reports a speech by the UK's defense secretary angered Beijing. There were plans for trade talks between Mr Hammond and senior Chinese government figures during the brief visit this week. But last week, Gavin Williamson had indicated the UK's intention to send an aircraft carrier to the Pacific.
A group of 34 migrants have been brought ashore after the UK Border Force intercepted a boat in the Channel. The group of people, whose nationalities are not yet known, were brought to shore at Dover by a coastal patrol vessel and given blankets.
Theresa May has written to all 317 Tory MPs, urging them to unite behind a Brexit deal while warning them history will judge us all over the process. Efforts will resume this Monday to persuade the EU to agree changes to the backstop plan to prevent the return of customs checks on the Irish border.
In November, the European Union and the United Kingdom concluded the terms of an agreement for the orderly departure of the UK from the European Union. Gibraltar was part of that agreement. The Withdrawal Agreement includes a transitional phase until the end of 2020, which also covers Gibraltar.