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Minister says UK faces 'political tsunami' if Brexit halted

LONDON (AP) — Britain's trade minister says the country will face a "political tsunami" if the government does not deliver on voters' decision to leave the European Union.International Trade Secretary Liam Fox wrote in the Sunday... [Author: [email protected]]
Tags: Business, UK, London, Ap, Britain, Liam Fox, Brexit, European Union International Trade


The Latest: Labour deputy says party must join Brexit talks

LONDON (AP) — The Latest on Britain's exit from the European Union (all times local):8 p.m.The deputy leader of Britain's opposition Labour Party says it has an obligation to join talks with Prime Minister Theresa May if she is... [Author: [email protected]]
Tags: Business, London, European Union, Ap, Britain, Theresa May, Labour, Labour Party


The Latest: UK reassures Romania about post-Brexit rights

LONDON (AP) — The Latest on Britain's exit from the European Union (all times local):1:15 p.m.Romania's foreign ministry says Britain has offered reassurances that the half a million Romanian citizens in the U.K. can continue... [Author: [email protected]]
Tags: Business, UK, London, European Union, Ap, Britain, Romania


The Latest: Austria suggests more time for Brexit possible

LONDON (AP) — The Latest on Britain's exit from the European Union (all times local):11:50 a.m.Austrian Chancellor Sebastian Kurz is suggesting it may be possible to give Britain more time to leave the European Union if it comes... [Author: [email protected]]
Tags: Business, London, European Union, Ap, Austria, Britain, Sebastian Kurz


UK's Labour Party seeks 'frank' debate on Brexit impasse

LONDON (AP) — Britain's opposition Labour Party is calling for an "open and frank debate" on the government's stalled Brexit plan and an increased role for Parliament in managing Britain's departure from the European Union but still... [Author: [email protected]]
Tags: Business, UK, London, European Union, Ap, Britain, Parliament, Labour Party, Brexit


Wild week over Brexit leaves British politics in crisis mode

LONDON (AP) — Britain's Parliament is crumbling — shored up by scaffolding, patched by endless repairs. And after a week of upheaval over Brexit in the House of Commons and angry exchanges on the streets outside, Britain's democratic... [Author: [email protected]]
Tags: Business, London, Ap, Britain, House Of Commons, Parliament, Brexit


Labour Party seeks ‘frank debate’ on UK’s Brexit plan

LONDON (AP) — Britain’s Labour Party is calling for an “open and frank debate” on the government’s stalled Brexit plan but still won’t meet with Prime Minister Theresa May. The main opposition party’s Brexit spokesman Keir Starmer plans to use a speech Saturday to say it is now up to Parliament to take the tough […]
Tags: Business, UK, London, News, Ap, Britain, Nation, Theresa May, Parliament, Keir Starmer, Labour Party, Brexit


Scout24 rejects $5.3 billion takeover offer from private equity: Reuters

German online classifieds company Scout24 AG (G24n.DE) has rejected a 4.7 billion euro ($5.34 billion) takeover offer from private equity firms Hellman & Friedman and Blackstone (BX.N), potentially paving the way for a bidding war. The company said in a statement late on Friday that Hellman & Friedman and Blackstone had submitted a joint bid to Scout 24’s shareholders of 43.50 euros per share – eight percent higher than Friday’s closing share price of 40.14 euros. “The management board of Scout2...
Tags: Europe, UK, Germany, Trends, Britain, Deutsche Telekom, Blackstone, Financial Times, Silver Lake, Reuters, Hellman Friedman, PE Deals, Scout24 AG G24n DE, Scout24 AG, Scout24 Silver Lake, Rightmove ZPG


May's foes gather as Britain's Brexit stalemate drags on

LONDON (AP) — Talks to end Britain's Brexit stalemate appear deadlocked, with neither Prime Minister Theresa May nor the main opposition leader shifting from their entrenched positions.May has been meeting politicians from several... [Author: [email protected]]
Tags: Business, London, Ap, Britain, Theresa May


Global Markets - Stocks rise on trade optimism, pound strengthens

Global stock indexes rose on Thursday as optimism over a resolution to the trade war between the United States and China lifted sentiment, while sterling strengthened amid hopes of a second referendum on Britain's membership in the European Union.
Tags: Money, China, businessNews, Britain, United States, Global Markets Stocks


Global Markets - U.S. stocks edge up on defense, healthcare gains; pound firms

Gains in defense shares as well as healthcare helped to keep U.S. stocks in positive territory on Thursday, while an end to the latest chapter in Britain's exit from the European Union, Prime Minister Theresa May's defeat of a confidence vote, lifted sterling.
Tags: Money, European Union, businessNews, Britain, Theresa May, Global Markets U S


Global Markets: Stocks little changed amid China, trade worries; pound stabilizes

Concern over China's economic outlook and global trade left major world stock indexes little changed on Thursday, while an end to the latest chapter in Britain's exit from the European Union helped to stabilize sterling.
Tags: Money, China, European Union, businessNews, Britain


Philips to close its UK factory in 2020, with loss of 400 jobs

Dutch health technology company Philips said on Thursday it plans to close its only factory in Britain in 2020, with the loss of around 400 jobs.
Tags: UK, Money, businessNews, Britain, Philips


IMF: No-deal Brexit is biggest risk to Britain's economy

An exit by Britain from the European Union without a framework agreement to preserve some economic integration is the biggest near-term risk to the British economy, an International Monetary Fund spokesman said on Thursday.
Tags: Money, European Union, businessNews, Britain, International Monetary Fund, Brexit


Hitachi halts work on UK nuclear power plant over financing

LONDON (AP) — Work on a major new nuclear power station in Britain was suspended after the contracted developer, Japan's Hitachi, said Thursday that it has been unable to agree on financing with the U.K. government.Hitachi said... [Author: [email protected]]
Tags: Business, Japan, UK, London, Ap, Britain, Hitachi


Work on UK nuclear power plant halted over financing impasse

LONDON (AP) — Work on a major new nuclear power station in Britain was suspended after the developer, Japan's Hitachi, said Thursday it had been unable to agree on financing with the U.K. government.Hitachi said Thursday that it... [Author: [email protected]]
Tags: Business, Japan, UK, London, Ap, Britain, Hitachi


Hitachi freezes UK nuclear project as Brexit crisis deepens

Japan's Hitachi Ltd decided on Thursday to freeze a 3 trillion yen ($28 billion) nuclear power project in Wales as Britain scrabbles for a way to exit the European Union, dealing a blow to UK plans for the replacement of ageing plants.
Tags: Japan, UK, Money, Wales, European Union, businessNews, Britain, Hitachi, Hitachi Ltd


Work on UK nuclear power plant stops as firm pulls plug

LONDON (AP) — Work on a major new nuclear power station in Britain has been suspended after the contracted developer, Japan's Hitachi, says it has been unable to agree on financing.Hitachi said Thursday that it wasn't continuing... [Author: [email protected]]
Tags: Business, Japan, UK, London, Ap, Britain, Hitachi


Brexit Hasn’t Hurt the UK’s Tech Industry: What Investors Need To Know

While many industries in the UK have the dark cloud that is Brexit looming over them, tech companies are basking in the light of success. The UK is one of the most tech startup-friendly nations in the world, and it doesn’t seem like the tremulous economic environment has changed that. According to Forbes, more tech firms are operating in the UK now than ever before. This information is a bit surprising considering Companies House reported fewer new businesses launched in 2017 and 2018 than years...
Tags: Europe, UK, Sales, Barcelona, More, Britain, United Kingdom, Kpmg, Forbes, Companies House, Congress MWC, RSM International, Europe Domestic, Barcelona Display, UK Aerospace Research and Technology Programme, Aerospace Technology Institute ATI


The Latest: France launches plan for no-deal Brexit

LONDON (AP) — The Latest on Brexit (all times local):10 a.m.France's government is kicking off a 50 million-euro (about $57 million) plan to prepare for the increasingly likely possibility that Britain will leave the European... [Author: [email protected]]
Tags: Business, London, France, Ap, Britain


The Latest: UK puts reserve soldiers on standby for Brexit

LONDON (AP) — The Latest on Brexit (all times local):2:50 p.m.Britain has put military reservists on standby for permanent service in the event the country leaves the European Union without a divorce agreement to smooth the way.A... [Author: [email protected]]
Tags: Business, UK, London, European Union, Ap, Britain


The Latest: Germany passes Brexit law it may never need

LONDON (AP) — The Latest on Brexit (all times local):1:55 p.m.Germany's parliament has approved legislation regulating a putative transition period following Britain's departure from the European Union, a bill described as obsolete... [Author: [email protected]]
Tags: Business, London, Germany, European Union, Ap, Britain, Brexit


The Latest: Germany says Brexit extension can be considered

LONDON (AP) — The Latest on Brexit (all times local):1:40 p.m.Germany's foreign minister says a delay to Britain's withdrawal from the European Union could be considered only if Britain first clearly states where it is heading.Britain... [Author: [email protected]]
Tags: Business, London, Germany, European Union, Ap, Britain, Brexit


The Latest: Labour leader calls May's offer of talks a stunt

LONDON (AP) — The Latest on Brexit (all times local):11:35 a.m.Britain's main opposition leader says Prime Minister Theresa May's offer of cross-party talks on a new Brexit deal is a "stunt" because she will not rule out leaving... [Author: [email protected]]
Tags: Business, London, Ap, Britain, Theresa May, Labour, Brexit


Renewed worries over U.S.-China trade spat stalk markets

LONDON (AP) — Renewed worries over the U.S.-China trade spat weighed on global stock markets on Thursday.KEEPING SCORE: In Europe, Germany's DAX fell 0.5 percent at 10,880 and France's CAC 40 retreated 0.5 percent to 4,787. Britain's... [Author: [email protected]]
Tags: Business, London, France, China, Ap, Britain, Europe Germany


British PM May wins no-confidence vote, but is still beset by Brexit

By JILL LAWLESS and DANICA KIRKA LONDON — British Prime Minister Theresa May survived a no-confidence vote in Parliament on Wednesday to remain in office — but saw more of her power ebb away as she battled to keep Brexit on track after lawmakers demolished her European Union divorce deal. May won a narrow victory, 325 votes to 306 votes, on an opposition motion seeking to topple her government and trigger a general election. Now it’s back to Brexit, where May is caught between the rock of her ow...
Tags: Europe, Business, London, News, France, Angela Merkel, Berlin, Uncategorized, Eu, Sport, European Union, World news, Britain, Soccer, Theresa May, Labour


Markets expect Brexit to be delayed, Bank of England governor says

Rebound of pound after the vote shows investors believe process could be extendedInvestors expect a delay to Britain’s exit from the EU following the crushing defeat of the prime minister’s Brexit deal, the Bank of England governor has said.Mark Carney said the reaction of financial markets in the wake of the vote showed a degree of confidence that a no-deal Brexit was unlikely on 29 March. The pound bounced back against the dollar on Tuesday night amid optimism that article 50 would be prolonge...
Tags: Europe, Business, Politics, Eu, Bank Of England, Mark Carney, European Union, UK News, Britain, Foreign Policy, Brussels, Article 50, Brexit


Carmaker JLR urges UK lawmakers to prevent a no-deal Brexit

Britain's biggest carmaker Jaguar Land Rover (JLR) urged lawmakers to rule out the possibility that the country leaves the European Union without a deal, to prevent companies from having to make costly contingency planning.
Tags: UK, Money, European Union, businessNews, Britain, Jaguar Land Rover JLR


Businesses cry out for Brexit clarity, warn of no-deal chaos

Business leaders in Britain and beyond warned on Wednesday of catastrophic job losses and chaos at ports if the country does not agree a European Union withdrawal, turning up the heat on politicians to deliver clarity.
Tags: Money, European Union, businessNews, Britain


Companies cry out for Brexit clarity, warn on no-deal

Furious companies facing weeks more uncertainty over an ever closer Brexit lashed out at politicians on Wednesday, and warned of chaos at ports and catastrophic job losses if Britain failed to secure a withdrawal deal with the European Union.
Tags: Money, businessNews, Britain, Brexit



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