Tag: United Kingdom

• Saturday, October 21st 2017 - 10:08 UTC

  Theresa May Brexit efforts receive strong boost from Angela Merkel

  

  German Chancellor Angela Merkel gave Theresa May a Brexit boost as EU leaders gathered for a summit in Brussels, saying there were “encouraging” signs that talks on the future UK/EU trade relationship could begin as early as December.

• Friday, October 20th 2017 - 14:08 UTC

  UK government's plans for Brexit are in “paralysis”, claims Labour

  

  The UK Government’s plans for Brexit are “in paralysis”, Labour claimed amid speculation crucial legislation will be delayed again. Shadow Brexit secretary Sir Keir Starmer said there was “chaos at the heart of Government” over the approach to leaving the European Union.

• Friday, October 20th 2017 - 07:39 UTC

  May expects no advance on Brexit talks at the EU leaders' summit

  

  Prime Minister Theresa May has made clear that she is not expecting a Brexit breakthrough at this week’s summit of EU leaders, describing it as an opportunity to “take stock” of progress so far. Mrs. May said she would be setting out “ambitious plans” for further negotiations in the weeks ahead, and said she wanted to inject a new “urgency” into discussions on the post-Brexit rights of EU citizens living in the UK and Britons on the continent.

• Thursday, October 19th 2017 - 07:13 UTC

  UK Creative Industries warn they rely heavily on freelance staff, mainly from EU

  

  The Creative Industries Federation (CIF) said the £87bn a year the sector generated for the economy was at risk if immigration was restricted. The sector relies heavily on freelance staff, many of whom are from the EU, and the CIF is urging the government to negotiate free movement of UK and EU workers for short-term projects.

• Wednesday, October 18th 2017 - 11:56 UTC

  UK inflation climbs to 3% in September, mainly because of the fall in sterling

  

  The UK's key inflation rate hit its highest for more than five years in September, driven up by increases in transport and food prices. The Consumer Prices Index (CPI) climbed to 3%, a level it last reached in April 2012, and up from 2.9% in August. The pick-up in inflation raises the likelihood of an increase in interest rates - currently 0.25% - next month.

• Wednesday, October 18th 2017 - 07:21 UTC

  OECD suggests “reversing the Brexit process” would boost the UK economy

  

  Reversing the Brexit process would boost the UK economy, the international economic body, the OECD has said. A new referendum or a change of government leading to the UK staying within the EU would have a “significant” positive impact on growth, the OECD said.

• Saturday, October 7th 2017 - 09:10 UTC

  UK and Brazil sign MoU to enhance cooperation and promote direct investment

  

  Apex-Brasil, the Brazilian Trade and Investment Promotion Agency, announced on Friday it has signed a Memorandum of Understanding (MoU) with the UK’s Department for International Trade (DIT) that aims to enhance cooperation to promote foreign direct investment between Brazil and the UK.

• Saturday, October 7th 2017 - 07:04 UTC

  UK's Newton Fund sponsors scientific research in six Latin American countries

  

  The Newton Fund, a UK Government initiative, has announced the opening of applications for scientific researchers of six Latin American countries (among them, Argentina) to take part in regional workshops on biodiversity or travel grants to the United Kingdom.

• Saturday, October 7th 2017 - 06:47 UTC

  China's National Golden Week holiday becoming a jackpot for London

  

  A week-long national holiday in China is providing a much-needed boost for the entertainment and retail industry in London, with Chinese tourists taking advantage of the dip in exchange rates. China's National Day Golden Week holiday is arguably one of the biggest events in the consumer calendar.

• Friday, October 6th 2017 - 07:46 UTC

  Sterling down on uncertainty about Theresa May's future as prime minister

  

  Uncertainty over Theresa May's future as prime minister helped send sterling down nearly 1% against the dollar on Thursday. The pound fell 0.9% against the greenback at $1.3127 and declined 0.45% against the euro to €1.1217. The fall reflected concern about the Conservative Party leadership following Mrs. May speech on Wednesday.