Thursday, 14 December 2017

Tag Archives: Brexit

Brexit bill delayed as Lords back EU nationals’ rights

h-parliament-uk

LONDON: The House of Lords voted to amend and thereby delay a bill empowering Prime Minister Theresa May to begin Brexit negotiations, demanding guarantees for EU nationals living in Britain. Peers voted by 358 to 256 for an amendment requiring ministers protect the rights of more than three million European ...

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British Airways owner plans €500m share buyback

BRITISH AIRWAYS

LONDON: International Airlines Group reported a 9 per cent rise in operating profit for 2016 and announced its first ever share buyback, worth €500m, as the company disclosed a €460m hit to earnings mainly stemming from sterling’s weakness after Brexit. IAG’s performance last year was partly fuelled by the acquisition of ...

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Barclays: Dublin might become European HQ

BARCLAYS

LONDON: Barclays has admitted it “may add some people in Dublin” if its London base loses single market access post-Brexit. The confirmation comes one month on from a Bloomberg that the bank had started scouting the Irish capital for office space in early 2017 and had been in discussion with regulators ...

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Protesters hit the streets again in Britain against a Trump visit

LONDON PROTEST

LONDON: Thousands of people have protested outside Westminster in London overnight as a House of Commons debate raged inside over the decision by the May Government to offer US President Donald Trump a state visit to the UK. Protesters are trying to get Prime Minister Theresa May to withdraw her ...

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HSBC shares slide after 62% profit fall

HSBC

LONDON: Shares in HSBC have fallen after the bank reported a steeper-than-expected fall in annual profits. It reported a $7.1bn (£5.7bn) pre-tax profit for 2016, down 62% on the $18.9bn reported a year earlier. HSBC attributed the fall to a string of one-off charges, including the sale of its operations ...

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Tony Blair: Remainers must persuade Brexit voters to change their mind

tony-blair

PARIS: Tony Blair will tell pro-EU Britons it is their “mission” to persuade Brexit voters to change their mind about leaving the European Union. In a speech on Friday, t he former prime minister will urge Remain voters to “expose relentlessly” the Government’s drive for a “Brexit at any cost”, ...

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House of Lords aims to attach conditions to EU divorce legislation

  LONDON: Members of the House of Lords said they would try to attach conditions to legislation giving Prime Minister Theresa May the power to trigger the country’s exit from the European Union. On Wednesday, May won approval from parliament’s lower chamber for the legislation. The upper chamber, the House ...

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