Tuesday, 15 June 2021

Tag Archives: Brexit

Sadiq Khan: London’s feisty mayor wins second term

London Mayor Sadiq Khan (Photo by JUSTIN TALLIS/AFP via Getty Images) LONDON (AFP) – London Mayor Sadiq Khan, who won re-election, has risen from humble roots to spar with prime ministers and presidents since taking charge of the British capital five years ago. The 50-year-old politician from the main opposition ...

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Post-Brexit UK-EU trade plummets

LONDON – Trade between Europe and Britain plunged by a record amount in January, the UK’s first month outside the EU single market after 47 years of bloc membership, data showed on Thursday. The EU’s Eurostat statistics agency said that exports from Europe to the UK sank by 27.4 per ...

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UK, EU to discuss ‘structure’ of Brexit talks after walkout threat

LONDON: European and British negotiators will be in touch Monday to discuss the “structure” of post-Brexit trade talks, despite London s threat on Friday to walk away unless there was a major shift in Brussels  approach. An EU spokesman tweeted that chief negotiator Michel Barnier held video talks with his British ...

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Johnson wins ‘huge’ mandate for swift Brexit in UK election

LONDON: Prime Minister Boris Johnson won a resounding election victory on Friday that will allow him to end three years of political paralysis and take Britain out of the European Union within weeks. The Brexit divorce represents Britain’s biggest political and economic gamble since World War Two, cutting the world’s ...

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Conservatives to raise property purchase tax for non-UK residents

LONDON: Foreign buyers of English properties will have to pay a levy of 3% of the purchase value under plans put forward by Prime Minister Boris Johnson’s Conservatives, aimed at deterring wealthy investors from driving up house prices. The plans form part of the Conservative Party’s campaign to win a ...

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British MPs vote for December election to break Brexit deadlock

LONDON: British MPs agreed to hold an early election on December 12, backing Prime Minister Boris Johnson’s call to try to break the crippling political deadlock that has seen Brexit delayed three times. Hours after the EU formally agreed to postpone Britain s departure again, up to the end of ...

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Pound steady after EU Brexit extension

LONDON: The pound steadied versus the dollar and London’s stock market flattened on Monday after the European Union granted an extension to Brexit until the end of January. Around 1200 GMT, sterling was almost unchanged at $1.2826 compared with late in New York on Friday. London’s benchmark FTSE 100 stocks ...

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EU set to grant Brexit extension to UK

BRUSSELS: EU member states are expected this morning to grant an extension of Britain’s membership of the EU until 31 January next year. It is believed that the members states will give Britain the option to formally leave the bloc earlier if the Withdrawal Agreement is ratified before the end ...

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British Pound falls after MPs delay key Brexit vote

LONDON: The British pound fell against the dollar after currency markets opened in Asia early, following a delay to a crucial Brexit vote and a new request to extend the deadline from October 31. The currency opened down 0.6% at $1.2915, after closing just below $1.30 mark, according to Reuters. ...

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