Monday, 22 January 2018

Tag Archives: Brexit

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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Scottish unemployment rate falls to lowest level in 42 years

Scotland

EDINBURGH: Scotland’s jobless total fell by 7,000 in the three months to July, to stand at 102,000. The unemployment rate fell by 0.3% from the previous quarter to reach 3.8% – below the UK figure of 4.3%. The number of people in work rose by 60,000 to 2,587,000, according to ...

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UK Оffers to Мaintain Defence and Security Cooperation with EU

BREXIT

LONDON: Britain has played one its strongest cards in the EU negotiations by offering to put its defence, security and aid assets at the disposal of the European Union in the hope of getting concessions on future trading and economic relations. The offer extends to continuing to share embassies with the EU, ...

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Pound Euro Exchange Rate Recovers from 8-Year-Low

Pound Euro

LONDON: The Pound Euro exchange rate slipped yesterday as investors reacted to the latest Brexit uncertainties and tensions while the Euro benefitted from European Central Bank (ECB) speculation. However, the pair rebounded from its lows as markets anticipated upcoming data. GBP EUR dropped from 1.0944 to 1.0803 last week. Tuesday saw ...

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