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Theresa May News
Two weeks to unlock Brexit, EU tells Britain's May
Sat, Nov 18, 2017
May met fellow leaders on the sidelines of an EU summit in Gothenburg, Sweden, to try to break the deadlock over how much Britain will pay on leaving the bloc in 16 months. She signalled again that she would increase an initial offer that is estimated at some 20 billion euros, about a third of what Brussels wants.
What happens with Brexit if there's no clear winner of UK election?
Fri, Jun 09, 2017
The ruling Conservative Party was seen losing several seats in a recent exit poll and not getting the majority need to stay in power.
Gold slips; early UK poll results point to hung parliament
Fri, Jun 09, 2017
The prices of gold declined on Friday ahead of the UK election verdict with early results suggesting no clear winner for one single party.
With eye on Mallya, UK agrees to speed up extradition process
Thu, May 04, 2017
The meeting was held as a follow up to British Prime Minister Theresa May's visit to India in November and the two Prime Ministers' commitment for enhanced and strengthened dialogue.
British PM May calls for an early election to strengthen Brexit hand
Tue, Apr 18, 2017
Prime Minister Theresa May called on Tuesday for an election on June 8, saying Britain`s opposition parties risked worsening her negotiating hand in divorce talks with the European Union by opposing her Brexit plan.
European Union to lay out Brexit response, set negotiating priorities
Fri, Mar 31, 2017
Diplomats say they will reflect the 27`s previous insistence on a "balance of rights and obligations" -- notably that Britain will have less access to EU markets if it opts out of the bloc`s system of centralised rules and common budget contributions.
Asia shares creep up to near 2-year peak, dollar firms
Thu, Mar 30, 2017
Japan`s Nikkei stock index was down 0.2%, while Australian shares firmed, helped by gains in oil prices. Strong energy shares had helped the U.S. S&P 500 end higher overnight.
British PM May to fire starting gun on Brexit
Wed, Mar 29, 2017
The prime minister, an initial opponent of Brexit who won the top job in the political turmoil that followed the referendum vote, will then have two years to settle the terms of the divorce before it comes into effect in late March 2019.
UK manufacturers urge PM May to drop threat of no Brexit deal
Mon, Mar 27, 2017
In the absence of a deal, trade between Britain and the EU would default to World Trade Organization rules and tariffs.
Leaving EU without deal would damage UK non-financial services
Wed, Mar 22, 2017
Airlines have called on the government to speed up plans for aviation because the deadline for preparing post-Brexit flight schedules is fast approaching.
Theresa May to trigger Brexit negotiations on March 29
Mon, Mar 20, 2017
British Prime Minister Theresa May will begin the official process of the UK's exit from the European Union (EU) on March 29, her spokesperson announced today. The UK's ambassador to the EU, Sir Tim Barrow, formally informed EU Council president Donald Tusk of the date this morning.
UK Parliament passes Brexit bill
Tue, Mar 14, 2017
This meant that the EU (Notification of Withdrawal) Bill passed the House of Commons without any changes.
Sterling slips as Brexit talks get green light, stocks subdued before Fed
Tue, Mar 14, 2017
The MSCI`s broadest index of Asia-Pacific shares outside Japan was flat in early trade, while Japan`s Nikkei dropped 0.1%.
Theresa May suffers second Brexit bill defeat
Wed, Mar 08, 2017
Ministers said it was "disappointing" and they would seek to overturn the move when the bill returns to the House of Commons.
Goldman Sachs to move 1,000 staff from London to Frankfurt due to Brexit: Report
Thu, Jan 19, 2017
US bank Goldman Sachs will move 1,000 staff from London to Frankfurt as part of a post-Brexit reorganisation that will reduce its city headcount by half, German business daily Handelsblatt reported on Thursday.
Britain will leave European Union's single market, PM Theresa May says
Tue, Jan 17, 2017
Britain will leave the EU`s single market when it exits the European Union (EU), Prime Minister Theresa May said on Tuesday, putting an end to speculation that London might try to seek a "soft Brexit".
Brexit worries push gold prices to highest in over 7 weeks
Tue, Jan 17, 2017
Gold prices hit their highest in more than seven weeks on Tuesday, boosted by safe-haven buying ahead of a speech in which British Prime Minister Theresa May is expected to discuss plans for a "hard Brexit".
Gold hits highest in over a month on Brexit, Trump concerns
Tue, Jan 10, 2017
"Gold seems to be behaving true to January form at the moment, with physical demand picking up ahead of the Chinese Lunar new year and investors starting to buy as the great unknown of the Trump presidency looms," Boele said.
India's economy trumped Britain in 2016
Mon, Jan 02, 2017
It is no mean achievement when Indian economy flexed its muscles in 2016 and briefly nosed ahead of Britain -- its once colonial master.
EU agrees on approach to Brexit talks, PM Theresa May left out in cold
Fri, Dec 16, 2016
European Union (EU) leaders agreed their plan for Brexit negotiations on Thursday, pledging to move swiftly and stick together to ensure Britain does not cherry pick a sweet deal that might inspire others to unstitch the bloc.