With a day to go before UK prime minister Theresa May triggers Article 50 to start separation talks with the EU, the Bank of England is warning UK banks to prepare themselves in case of a disorderly Brexit. But, as Ivor Bennett reports, the eve of Brexit also attracts a vote of confidence from Qatar as its sovereign wealth fund pledges over $6 billion in investment in Britain. Continue reading
As Britain prepares to trigger divorce proceedings with the European Union, launching two years of negotiations that will reshape the future of the country and Europe, Britons living in the German capital take stock of where this leaves them.
The road to Brexit has been a tumultuous one, with protests and lawsuits and a bitterly divided country. British Prime Minister Theresa May will trigger Article 50 on Wednesday (March 29) which means official talks on Britain leaving the European Union can begin.
VILLACOUBLAY AIRPORT, NEAR PARIS, FRANCE (REUTERS) – On Wednesday (March 29) British Prime Minister Theresa May will trigger Article 50, which will formally kickstart the process of Britain leaving the European Union.
It comes nine months after 2016’s June 23 referendum in which Britons voted to leave 52 percent to 48 percent.
The result divided the country, with remain voters feeling their wishes and concerns are being ignored.
The Supreme Court ruled earlier this year that parliament must approve May triggering Article 50. This angered the Leave camp, which believed pro-Europe campaigners were trying to subvert the result of the referendum.
Last weekend, leaders of the remaining 27 states met without departing Britain for a summit that they hope could relaunch the Union in the city where it was founded 60 years earlier. The Treaty of Rome, creating the European Economic Community (EEC) of France, Germany, Italy and the Benelux, was signed on March 25, 1957.
British PM May confirms Britain will trigger EU exit proceedings on March 29.
MPs are expected to reject Lords’ amendments to the Brexit bill as they debate it for a second time, paving the way for Prime Minister Theresa May to trigger Article 50 as early as Tuesday. Continue reading
British lawmakers must approve government plans to trigger Article 50 to kickstart official Brexit process, the Supreme Court rules. Sarah Charlton reports. Continue reading
Brexit timetable unlikely to be hindered by Supreme Court ruling the government must seek parliamentary approval – analyst
The following is a message from the UK Prime Minister regarding Brexit.
Britain will leave the European Union single market, Prime Minister Theresa May announces, warning that no deal is better than a bad deal with the EU.
Sterling skids to its lowest levels – bar a “flash crash” in October – in 32 years on Monday, hit by fears that Prime Minister Theresa May will say on Tuesday that Britain is set for a “hard” Brexit out of the EU and its single market.