Friday, 18 August 2017

Tag Archives: Brexit

Elusive Brexit clarity meets sober economic reality

BREXIT

DUBLIN: Last time British Prime Minister Theresa May returned from a walking holiday, she called what turned out to be — for her — a disastrous election. Not this time, it is assumed. But financial markets and an eager public hoping she can provide some Brexit clarity will probably have ...

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UK ready to pay up to 40 billion euros to leave EU

Brexit EU UK

LONDON: Britain is prepared to pay up to 40 billion euros (36.12 billion pounds) as part of a deal to leave the European Union, citing three unnamed sources familiar with Britain’s negotiating strategy. The European Union has floated a figure of 60 billion euros and wants significant progress on settling ...

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Michael Kors buying Jimmy Choo in £896m deal

Michael-Kors

LONDON: Luxury shoe brand Jimmy Choo is to be acquired by US fashion brand Michael Kors in an £896 million deal. London-listed Jimmy Choo put itself up for sale as part of a strategic review in April and on Tuesday Michael Kors said it is “the ideal partner” for the ...

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UK reassures continuation of concessions to Pakistani exports

Pakistan-UK

LONDON/ISLAMABAD: Pakistan has been reassured by its biggest trading partner in Europe, that its exports will retain the concessional tariff for entering the United Kingdom even after Brexit. An official source said the reassurance was provided by the British government through diplomatic channels to the ministry of commerce, as many ...

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UK’s Fox insists Britain can make trade deals outside EU

at the Conservative Party Conference on October 6, 2010 in Birmingham, England. Prime Minister David Cameron will speak to the Tory conference today and will outline that spending cuts necessary to reduce the budget deficit 'will not be easy' and that the coalition government's commitment to fairness is based on giving people 'what they deserve'.

Britain could “simply replicate” its trade deals outside the European Union, said International Trade Secretary and leading advocate of Brexit Liam Fox. Speaking ahead of a meeting with the World Trade Organisation in Geneva on Thursday, Fox repeated his assertion that the UK could not leave the EU and remain ...

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As London squabbles, full Brexit talks start in Brussels

EU-UK

BRUSSELS: Britain’s Brexit minister vowed to “get down to work” as he kicked off a first full round of negotiations on Monday, but a year after Britons voted narrowly to quit the EU their government still seemed at odds over what it wants. “It’s time to get down to work ...

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Iceland opens door for UK to join EFTA

Gudlaugur Thór Thórdarson

ICELAND‘s foreign minister has opened the door for Britain to rejoin a European trade club that would put it on a fast track to sign dozens of ready made deals after Brexit. Gudlaugur Thór Thórdarson said he had spoken to Boris Johnson, the foreign secretary about the UK joining the ...

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EasyJet has applied for post-Brexit base in Austria

easyjet

PARIS: EasyJet has applied to establish a third airline to allow it to continue flying in the European Union after Brexit. The airline has applied for a £10 million new air operator’s certificate (AOC) in Austria, that it hopes to receive “in the near future”. It will allow the company ...

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Spain’s King and Queen begin first UK state visit

King Felipe-Queen Leitizia

LONDON: The Queen is to formally welcome the king and queen of Spain to the UK as they begin a two-day state visit. King Felipe and Queen Leitizia will be greeted by the Queen and Prince Philip at Horse Guards Parade on Wednesday. The trip is the first state visit ...

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MP Anne Marie Morris suspended for racist remark

Anne Marie Morris

LONDON: A Conservative MP has been suspended from the party after it emerged she used a racist expression during a public discussion about Brexit. Anne Marie Morris, the MP for Newton Abbot, used the phrase at an event in London to describe the prospect of the UK leaving the EU ...

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