With 4 lawmakers resigning from British Prime Theresa May’s government, the draft Brexit-deal is in peril. On Friday, French Transport Minister, Elisabeth Borne stated, France is preparing various measures, including those dealing with customs checks and controls at ports, in… Read More ›
Brexit
Brexit Minister’s resignation deals a body blow to the British Pound
Following the resignation of Britain’s Brexit minister Dominic Raab, the forex, derivatives and money markets are seeing a bloodbath. Following the resignation of Britain’s Brexit minister Dominic Raab in protest of Prime Minister’s draft Brexit deal, the pound nose dived… Read More ›
The EU and Britain clinch draft Brexit agreement
Theresa May’s government will now have to go through the guantlet of the British parliament, bridge opposing views of the country’s lawmakers and sell the Brexit deal to a deeply divided country. In a momentous development, Britain has clinched a… Read More ›
Brexit deal can be clinched within the next 24 to 48 hours: David Lidington
Here are the comments made by British Prime Minister Theresa May’s de facto deputy to BBC radio. On Tuesday, David Lidington, a British Cabinet Office Minister who is considered as British Prime Minister Theresa May’s de facto deputy told BBC… Read More ›
British parliament likely to vote down May’s Brexit deal: Justine Greening
Justine Greening, the former education minister from Theresa May’s cabinet, has joined the growing chorus for a second Brexit referendum. On Monday, Justine Greening, the former education minister from Theresa May’s cabinet stated, the British parliament will vote down Prime… Read More ›
Brexit negotiators close to hammering out a deal on financial services
A financial deal is crucial for Britain given that the city of London, which has been a critical artery for the flow of money around the world for centuries, is the world’s largest centre of international finance. As per a… Read More ›
Britain’s central bank directs all banks to build Brexit cushion by March 2019
The move has the twin objectives of cushioning Britain in case of a cliff-hanger Brexit as well as provide sufficient room for maneuvering to British lawmakers who are yet to hammer out a Brexit deal with the EU. In a… Read More ›
No-deal Brexit most likely outcome: Ashley Fox
Ashley Fox on Brexit and why the ‘No-Deal’ scenario is the most likely outcome. As per a report by The Observer which cites a leaked e-mail, the head of the Northern Irish party whose support is instrumental to British Prime… Read More ›
Britain needs a new approach towards Brexit: Iain Duncan Smith
Former British lawmaker Iain Duncan Smith on Theresa May’s Brexit strategy. Iain Duncan Smith, a former leader of Britain’s Conservative Party who is a Eurosceptic stated, the party does not need a leadership to bridge the deep divide over the… Read More ›
Brexit divorce deal almost within grasp: sources
This is coming from diplomats who were present at the negotiations. According to two sources present at the meeting where Brexit negotiations are being discussed, a divorce deal with Britain is “very close” to being realized. Both sides are pushing… Read More ›