The CBI warn of "Brexit uncertainty biting" as factory orders slump to their lowest since the months following the EU referendum in 2016 Reuters report. British factory orders slid in June against a backdrop of stoppages in car production following uncertainty about when Britain will leave the European Union, the ...
What will the candidates vying to replace British Prime Minister Theresa May do about Brexit? May has resigned as Conservative Party leader, triggering a contest that will bring a new leader to power. Her successor's biggest task will be to take Britain out of the European Union - a job ...
Airbus Chief Executive Guillaume Faury said on Wednesday there was a growing risk Britain would leave the European Union without a withdrawal deal in a way that could damage the aerospace firm's performance next year. "We have been very clear on the potential negative consequences of a hard Brexit or ...
Whitbread Plc said on Wednesday its first-quarter room revenue was hit by tough market competition and ongoing Brexit uncertainty, and the company was cautious about near-term conditions as it tries to build out its Premier Inn brand. Whitbread, which was originally a brewer, has focused on its hotel business after ...
British opposition leader Jeremy Corbyn will back a move on Wednesday for the Labour Party to change its Brexit policy and support a second referendum in all circumstances, The Times reported, citing a senior Labour source. A paper by Corbyn's head of policy, Andrew Fisher, recommends that Labour support a ...
The majority of Conservative members would countenance the destruction of their own party if it meant Brexit was delivered. A new poll has revealed that exiting the European Union has become a priority for members, subverting traditional loyalties and reshaping political priorities. The majority (54 per cent) said they would ...
Britain's government is committed to doing whatever it can to keep its financial sector globally competitive after Brexit, financial services minister John Glen said on Tuesday. Britain is due to leave the European Union on Oct. 31 but it has yet to secure a divorce settlement with the bloc, the ...
Signs that arch-Brexiteer Boris Johnson may be a step closer to becoming Britain's next prime minister sent the pound tumbling to a five-month low versus the euro on Tuesday as investors worried about the risks of a hard exit from the European Union. The pound dived to 89.66 pence versus ...
British companies look set to cut their investment by the most in 10 years in 2019 as the Brexit crisis drags on, weighing on future economic growth prospects, a survey showed on Monday. Business investment - key for productivity and pay growth - was forecast to fall by 1.3% this ...