Sunday, 26 January 2020

Tag Archives: Brexit

Britain to table ‘final’ Brexit proposals today

MANCHESTER: Prime Minister Boris Johnson will submit “final” proposals for a new Brexit agreement, officials said, warning that if the European Union did not engage with them, Britain would leave the bloc this month with no divorce deal. Johnson will provide details of the “fair and reasonable compromise” during his ...

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UK to leave European Union on 31 October

LONDON: According to the current legislation, the United Kingdom is entitled to request a 3-month Brexit extension on 19 October if a deal is not secured that would maintain trade relations with the EU by the 31 October Brexit deadline. Britain will pull out from the European Union on 31 ...

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Jaguar Land Rover to close UK factories for a week over Brexit

GAYDON: Britain’s biggest carmaker, Jaguar Land Rover, will close its British factories for a week in November to cope with Brexit, its boss said on Thursday, a plan automakers are adopting to help prepare for any disruption resulting from a no-deal. Asked whether the firm was thinking about shutting its ...

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Brexit minister Barclay says UK making progress on exit deal

LONDON: Britain is making progress towards a Brexit deal but significant work remains to be done, Brexit minister Stephen Barclay told Sky News. “There’s been a huge amount of work going on behind the scenes. We can see a landing zone in terms of a future deal but there is ...

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Boris Johnson believes Brexit deal with EU possible within weeks

LONDON: UK Prime Minister Boris Johnson earlier this week reiterated – after his bid for snap elections again failed in the British Parliament – that he would do everything in his power to strike a deal with the European Union and confirmed that his administration would not ask Brussels for ...

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Sajid Javid ramps up spending as election talk mounts

LONDON: British finance minister Sajid Javid said he was “turning the page on austerity” as he promised the biggest spending increases in 15 years, a move widely seen as part of Prime Minister Boris Johnson’s push for an election to break the Brexit impasse. “After a decade of recovery from ...

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Risk of no-deal Brexit has increased: EU

BRUSSELS: The risk of Britain crashing out of the EU without a divorce deal to cushion the blow has increased, the bloc warned Wednesday, as political turmoil raged in London. “The short time remaining and the political situation in the United Kingdom have increased the risk that the United Kingdom ...

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Boris Johnson moves to suspend Parliament ahead of Brexit

LONDON: British Prime Minister Boris Johnson announced on Wednesday that parliament would be suspended until October 14, just two weeks before the UK is set to leave the European Union (EU), enraging anti-Brexit MPs. The pound slid on the surprise news, which opponents branded a “coup” and a “declaration of war”. ...

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No deal would mean UK did not owe Brexit divorce bill: Boris Johnson

BIARRITZ – Boris Johnson has said the £39bn Brexit divorce bill would not “strictly speaking” be owed to Brussels in full in the event of no deal, insisting: “It’s not a threat. It’s a reality.” Speaking to broadcasters as he prepared to meet the European council president, Donald Tusk, at ...

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Britain, South Korea sign Brexit trade deal

LONDON: Britain and South Korea on Thursday signed a deal that will allow the two countries to keep trading freely after Brexit. The deal rolls over existing provisions under an EU trade deal and protects annual bilateral trade flows worth £14.6 billion (16 billion euros, $17.7 billion) in 2018. The ...

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