Friday, 23 August 2019

Tag Archives: post-Brexit

PM Theresa May in landmark visit to Argentina

LONDON: Adding to her EU divorce dramas, Prime Minister Theresa May is on a landmark visit to Argentina for the G20 summit where her hosts are using Brexit to advance their claim on Britain’s Falkland Islands. May arrived late Thursday on the first visit by a British premier to the ...

Read More »

Bank of England trims growth outlook, holds rates as Brexit looms

LONDON: The Bank of England trimmed its growth forecasts as Brexit approaches and froze interest rates – but warned it could alter monetary policy “in either direction” after Britain leaves the European Union. The central bank’s nine-strong Monetary Policy Committee (MPC) voted unanimously at a regular policy meeting to keep ...

Read More »

Pakistan’s GSP Plus arrangements to be maintained by UK post-Brexit

KARACHI: British Deputy High Commissioner Elin Burns, while highlighting the British government’s commitment, said that when UK leaves European Union (EU), Pakistan’s GSP Plus arrangements will be maintained by UK, if not improved. “We will unilaterally agree to put those GSP Plus arrangements in place which is going to be ...

Read More »

EU Banks in UK likely to operate ‘as normal’ after Brexit

LONDON: The Bank of England will allow European banks to continue selling their services in the United Kingdom without having to create expensive subsidiaries after Britain leaves the European Union. The decision, if confirmed, would mean European banks offering wholesale services would not face new post-Brexit hurdles to operating in ...

Read More »

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

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 ...

Read More »

PM Theresa May visits Canada for post-Brexit trade talks

Prime Minister Theresa May will travel to Canada on Monday to discuss plans for a post-Brexit trade deal. She said the two countries held “shared values” ahead of meeting Canadian Prime Minister Justin Trudeau. The trip comes ahead of a deal between Canada and the EU, the Comprehensive Economic and ...

Read More »

British foreign secretary supports Japan to stop N. Korea

TOKYO: British Foreign Secretary Boris Johnson said Friday his country stands “shoulder to shoulder” with Japan in efforts to put an end to North Korea’s nuclear and missile tests. “We all need to increase the pressure on Pyongyang through diplomacy and sanctions, and that must include China using its influence ...

Read More »

Barclays: Dublin might become European HQ

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 ...

Read More »

British MPs to vote on EU divorce trigger

As the second of a two-day debate gets underway, the 143 word bill is expected to swiftly pass the vote in the lower parliament. Prime Minister Theresa May could begin the process to leave the European Union next month. British MPs were due to spend several more hours on Wednesday ...

Read More »

PM May prepares for Oval Office meeting with Trump

WASHINGTON: Theresa May is to become the first world leader to meet Trump since he became US president on January 20. The hour-long talks in the Oval Office in Washington are likely to cover defence and security challenges but top of May’s agenda is likely to be a free trade ...

Read More »