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Theresa May News
Brexit deal: British MPs to vote on Theresa May's divorce agreement on January 15
Tue, Jan 08, 2019
May confirmed the House of Commons will cast its judgment on her withdrawal deal next week, a month after she postponed the vote in the face of certain defeat. But she is still struggling to convince both opposition lawmakers and her own Conservative party to back the divorce agreement, heightening fears Britain could leave the EU on March 29 without a deal.
Brexit impact: Britain's retail sector axed 150,000 jobs in 2018
Mon, Dec 24, 2018
And more gloom is forecast next year as retailers continue to struggle in anticipation of Britain's departure from the European Union. "While parliament is obsessed with Brexit, business rates and low growth are killing the high street," said Professor Joshua Bamfield, who is director of the CRR consultancy.
British PM Theresa May's government faces contempt vote over Brexit legal advice
Tue, Dec 04, 2018
Opposition parties and the small Northern Irish party that props up May`s minority government are furious that it only provided an outline of the legal basis for its Brexit deal after parliament voted to be given the full advice. They put forward a motion, to be voted on later on Tuesday, that would find ministers in contempt of parliament and order the immediate publication of the advice.
Brexit divorce deal: Indian-origin minister leads resignations in fresh jolt for Theresa May
Thu, Nov 15, 2018
Minutes after Vara stepped down as Northern Ireland minister, Prime Minister May was hit by a bigger blow as her Brexit Secretary Dominic Raab resigned from the Cabinet saying he "cannot in good conscience" support the draft of the withdrawal agreement with the 28-member bloc.
Brexit deal hits global markets; Oil seeks floor, stocks tumble, sterling braces for wild swings
Wed, Nov 14, 2018
European shares fell as much as 1.2 percent after data showed the German economy contracted for the first time since 2015, tracking similar losses in Asia where data in Japan and China underscored worries about weaker growth.
Brexit deal: British, EU negotiators reach a framework agreement
Tue, Nov 13, 2018
A European source said a technical agreement had been struck but still needed political approval both on the British and European sides. Ireland's public broadcaster RTE cited two government sources saying a text crucially resolves the Irish border issue -- a key sticking point.
Donald Trump says Theresa May's Brexit plan kills hope of a US trade deal
Fri, Jul 13, 2018
After a tumultuous week for May, when her Brexit Secretary David Davis and Foreign Secretary Boris Johnson resigned in protest at her Brexit plans, Trump heaped praise on Johnson, saying he "would be a great Prime Minister." Such harsh public criticism by a sitting U.S. president of a British prime minister while on a visit to the United Kingdom publicly undermines May in her party, her country and abroad.
Brexit: Britain's aviation regulator prepares contingency plans
Sat, Jul 07, 2018
Britain's aviation regulator Civil Aviation Authority (CAA) is likely to hire 60 additional staff to assist with planning for a scenario that would see the UK crash out of the European Union, according to a report.
Brexit clock ticking on cross-border derivative contracts: EU regulator
Wed, May 16, 2018
It may not be possible for the European Union to legislate in time to avoid disruption in cross-border derivatives contracts in case of no-deal Brexit, a top EU regulator has said.
Narendra Modi UK visit: Top 8 things on PM's agenda
Wed, Apr 18, 2018
Narendra Modi UK visit: Prime Minister Narendra Modi on April 17, 2018, reached London, the United Kingdom on the second leg of his three-nation European tour (Sweden, the United Kingdom and Germany).
Swiss President Alain Berset to discuss trade pacts with Modi in Davos
Fri, Jan 19, 2018
The Swiss government statement on topics for the meeting of the two leaders did not mention black money, an issue which has been central to most of the high-level deliberations between the two countries.
British PM's key adviser quits over Brexit
Sat, Dec 30, 2017
Adonis, who was appointed as her infrastructure adviser in 2015, said May was "pursuing a course fraught with danger" over the UK`s EU departure, the BBC reported.
Companies prepare for disorderly Brexit as talks stall
Thu, Dec 07, 2017
Big companies are stepping up their plans in case Britain crashes out of the European Union without a deal as Prime Minister Theresa May struggles to get talks back on track after a major setback.
As Brexit looms, UK pitches new industry plan, wins support from Merck, Qiagen
Mon, Nov 27, 2017
Brexit remains by far the biggest concern for British companies and multinationals with operations in Britain. With only months to go before many businesses need to make decisions on future investment, they are eager for clarity on how Brexit will work.
No breakthrough in Brexit talks as new deadline approaches
Sat, Nov 25, 2017
At a summit in Brussels, May met with German Chancellor Angela Merkel, the leaders of Belgium, Denmark, Lithuania and European Council President Donald Tusk, seeking to move the talks onto future relations between Britain and the EU, especially their trade ties.
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.