The UK’s financial sector is seeking an “ambitious” trade pact between Britain and the European Union to try to prevent a costly shift of jobs and business to the continent once the country leaves the bloc, according to a draft …
A UK trade deal with the European Union after Brexit is desirable but not essential, the Institute of Economic Affairs said, in support of Prime Minister Theresa May’s repeated assertion that no deal is better than a bad deal. Britain …
Britain has said it wants an interim customs agreement with the European Union after Brexit to allow the freest possible trade of goods, but that it will also seek the right to negotiate other trade deals — a possible sticking …
The Brexit deadline of March 2019 creeps ever closer, and exit talks are under way — but Britain’s government still doesn’t know what it wants. This failure to set a clear goal, much less devise a strategy for achieving it, …
The Bank of England said a transition period after the Britain leaves the European Union would give banks more time to make orderly changes as Brexit poses risks to financial stability. With the UK due to leave the bloc in …
A shortage of staff for British employers worsened in July, hurt by the departure of European Union workers after last year’s Brexit vote, a group representing recruitment agencies said on Tuesday. The Recruitment and Employment Confederation (REC) said the availability …
Transitional arrangements after leaving the European Union in 2019 will be crucial for protecting the economy and the City of London’s global role in finance, a senior British lawmaker said on Tuesday. Nicky Morgan, the new chair of parliament’s Treasury …
British lawmakers launched an inquiry on Monday into how banks and insurers could maintain access to the European Union market after Britain leaves the bloc in 2019. The House of Lords financial affairs committee said it will examine how regulation …
The risk that the UK will tumble out of the European Union in two years without a Brexit deal is “substantial,” Moody’s Investors Service said. Such an outcome would affect everything from banks to buses and could result in a …
There’s a chance Britain won’t leave the European Union, former Prime Minister Tony Blair said Saturday, arguing that stopping Brexit is “necessary” to avoid severe economic damage. In an article published by Blair’s Institute for Global Change, he wrote that …
