Brexit ‘disaster’ cost 40,000 finance jobs
LONDON: UK's departure from the European Union -Brexit- cost London's financial centre about 40,000 jobs,… Read More
1 month ago
Brexit
Brexit is the scheduled withdrawal of the United Kingdom (UK) from the European Union (EU). Following a June 2016 referendum, in which 51.9% of participating voters voted to leave, the UK government formally announced the country’s withdrawal in March 2017, starting a two-year process that was due to conclude with the UK withdrawing on 29 March 2019.
As the UK parliament thrice voted against the negotiated withdrawal agreement, that deadline has been extended twice, and is currently 31 October 2019. An Act of Parliament requires the government to seek a third extension if no agreement is reached before 19 October.
The Brexit deal consisted of a withdrawal agreement – which set out the terms for the “divorce” process. There was also a political declaration – which outlined the future relationship between the UK and EU. The rights of EU citizens in the UK and British citizens in the EU. How much money the UK was to pay the EU And the backstop for the Irish border.
UK’s post Brexit border arrangements to cost $6 billion
LONDON: The British government estimates it will spend at least 4.7 billion pounds ($6 billion)… Read More
6 months ago
Brexit to blame for Britain’s food bill rise
LONDON: Brexit- Britain's departure from the European Union- has accounted for about a third of… Read More
2 years ago
‘Change Brexit deal or watch car plants close’
British car plants will close with the loss of thousands of jobs unless the Brexit… Read More
2 years ago
UK govt rejects criticism that Brexit has failed
Britain's departure from the European Union has not been a failure, Prime Minister Rishi Sunak's… Read More
2 years ago
‘Downton Abbey’ castle halts weddings due to Brexit
It is a problem the butler of "Downton Abbey" might have sympathised with. Highclere Castle… Read More
2 years ago
Britain and EU unlikely to change Brexit deal much
Britain and the European Union are unlikely to fundamentally change their underlying Brexit settlement, making… Read More
2 years ago
Brexit deal termed a ‘nightmare’
More than three quarters of British companies have reported that the trade agreement between the… Read More
2 years ago
‘The destiny of UK is Europe, Brexit was a mirage’
Britain's destiny lies in Europe and the country had been sold "a sort of mirage"… Read More
2 years ago
Brexit blamed as UK faces Channel port logjam
LONDON: Unions, port officials and the French authorities blamed Brexit on Saturday as thousands of… Read More
2 years ago
Germany and Ireland tell UK: No justification for breaking Brexit deal
LONDON: Germany and Ireland on Sunday told Britain there was no legal or political justification… Read More
2 years ago
Britain reviews core banking rules in light of Brexit
The review was called for by the finance ministry and the independent panel is chaired… Read More
4 years ago
UK economy sinks on virus curbs, as Brexit slams trade
Britain's economy hit reverse in January on renewed coronavirus curbs while the nation's post-Brexit EU… Read More
4 years ago
UK factories see big drop in output ahead, supply problems too
The Confederation of British Industry’s quarterly measure of expected new orders fell to -17 compared… Read More
4 years ago
‘Welcome to Brexit’: Dutch officers confiscate sandwiches from British drivers
Netherlands customs officers have been seen in the footage while confiscating ham sandwiches from British… Read More
4 years ago
Bewildered and angry, Northern Ireland unionists fret over place in UK
The British-run region remains deeply divided along sectarian lines, with Catholic nationalists aspiring to unification… Read More
4 years ago
British PM Johnson’s father applying for French citizenship
“If I understand it correctly, I am French. My mother was born in France, her… Read More
4 years ago
PM sold out fish in Brexit trade deal, fishermen say
Some British politicians also said the deal added up to a sell-out. Read More
4 years ago
What’s in the UK, EU post-Brexit trade pact
The 1,246-page document notably sets out the fine print on how disputes over trade will… Read More
4 years ago
EU Parliament to analyse Brexit deal before giving green light in 2021
Britain clinched a narrow Brexit trade deal with the European Union on Thursday, just seven… Read More
4 years ago