Monday, 23 October 2017

Tag Archives: Brexit

Diwali Shows Hindu Culture At It’s Very Best, Says Theresa May

Theresa May

LONDON:  Prime Minister Theresa May greeted the Hindu community on the occasion of Diwali, saying the festival is the celebration of the way of life, showing Hindu culture at its very best. In a message read out at Diwali celebrations organised by leading NRI businessmen Hinduja brothers at their residence ...

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May to urge EU leaders to speed up Brexit talks

g20-theresa-may

BRUSSELS: British Prime Minister Theresa May will appeal to European Union leaders at a crunch summit in Brussels on Thursday to push forward the deadlocked Brexit negotiations. At a meeting moved to a new venue at the last minute due to an eruption of toxic gas, May will urge her ...

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Theresa May makes surprise Brussels trip amid Brexit deadlock

Theresa May pm

LONDON: British Minister Theresa May is speaking directly with leaders of some of the European Union’s biggest member states ahead of a meeting in Brussels aimed at unblocking negotiations on Britain’s departure from the bloc. May spoke by phone with German Chancellor Angela Merkel and planned to call France’s Emmanuel ...

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UK Economy Shows Few Signs of Comeback

economy-UK

LONDON: Britain’s economy shows little sign of breaking out of its lethargy and it is “extraordinary” that the Bank of England is considering raising interest rates, the British Chambers of Commerce said. The BCC’s Quarterly Economic Survey of businesses, the largest of its kind, said sales at services firms that ...

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Brexit: EU ‘to prepare’ for future trade talks with UK

Theresa May-Donald Tusk

LONDON: The EU is to begin preparing for its post-Brexit trade negotiations with the UK, while refusing to discuss the matter with the British government. An internal draft document seen by the BBC suggests the 27 European Union countries should discuss trade among themselves while officials in Brussels prepare the ...

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May Pledges Britain Will Defend EU From Russian Aggression

theresa may

LONDON: Prime Minister Theresa May pledged that Britain will defend its allies from an increasing Russian threat even after Brexit, as she carried on her courting of European Union leaders. “Russia’s continued aggression represents a growing threat to our friends here,” May told British troops in Estonia on Friday. “Our ...

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India to roll out red carpet to UK SMEs

India-UK

LONDON: India has started to “roll out the red carpet” to UK SMES instead of subjecting them to a barrage of regulations. The move comes as India hopes to ramp up exports from Britain. “Earlier the mindset of the Government was all about being the regulator – these are the ...

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May Ends Impasse in Brexit Talks So Real Negotiations Can Begin

theresa may

BRITAIN and the European Union are set to resume Brexit negotiations next week after U.K. Prime Minister Theresa May broke the stalemate in the hope that the real arguments can now begin. In a major speech on Friday that drew guarded praise from Brussels, May signaled for the first time that ...

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UK’s credit rating downgraded by Moody’s

Moody’s

PARIS: The country’s long-term issuer rating and senior unsecured bond rating were both cut from Aa1 to Aa2 – two notches below the US agency’s highest rating. Analysts said the outlook for the UK’s public finances had “weakened significantly” with Brexit likely to put further pressure on the country’s economic ...

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UK tourism hits record

UK-tourism

LONDON: The number of overseas visitors to the UK topped four million in July for the first time, official figures show. Travellers to the UK spent £2.75bn on their visits, the Office for National Statistics (ONS) said, another record. The figures also show the number of visits abroad by UK ...

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