UK employers plan to hold tight on pay despite labour shortages: CIPD

11 November, 2018 9:05 am 9:05 am

LONDON (Reuters) – British employers do not expect to increase the average pay settlements they offer to staff over the coming year, an industry survey showed on Monday, raising questions about whether pay will pick up as the Bank of Read More

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IAG prepares to meet EU ownership rules in case of no deal Brexit

11 November, 2018 9:44 am 9:44 am

BARCELONA (Reuters) – Anglo-Spanish airline group IAG  , the owner of British Airways, is taking steps to avoid falling foul of European Union ownership rules in the event of a no-deal Brexit, Spanish newspaper El Pais reported. Britain is set Read More

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Jo Johnson says colleagues are considering their position over Brexit

11 November, 2018 8:42 am 8:42 am

LONDON (Reuters) – Former minister Jo Johnson said some colleagues were “reflecting hard” on whether to quit over Theresa May’s Brexit plan after his dramatic resignation threw the British prime minister’s deal into jeopardy. The junior transport minister, who is Read More

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Ministers present May with ‘plan B’ for no-deal Brexit scenario

11 November, 2018 8:31 am 8:31 am

LONDON (Reuters) – Cabinet ministers have drawn up a ‘plan B’ for a no-deal Brexit in case parliament votes down Prime Minister Theresa May’s proposed plan to leave the European Union, the Sun reported . The unnamed pro-Brexit ministers have Read More

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Dollar keeps to tight ranges as investors brace for US elections

11 November, 2018 9:45 am 9:45 am

TOKYO (Reuters) – The dollar stuck to tight ranges against its major rivals on Tuesday as investors favoured caution ahead of US midterm elections later in the day. The US congressional election is widely expected to boost the Democratic Party, Read More

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Dublin, London, DUP talk up chances of Brexit deal

11 November, 2018 8:11 am 8:11 am

DUBLIN (Reuters) – Senior Irish and British ministers and the leader of the Northern Irish unionist party propping up the minority British government all expressed confidence that a Brexit deal could be reached in the coming weeks. With just five Read More

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UK, EU agree tentative Brexit deal on financial services

11 November, 2018 9:11 am 9:11 am

LONDON (Reuters) – British Prime Minister Theresa May has struck a tentative deal with the European Union that would give UK financial services companies continued access to European markets after Brexit, the Times reported on Thursday. British and European negotiators Read More

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Pound to bounce 5.5 percent if Brexit deal struck

11 November, 2018 8:25 am 8:25 am

LONDON (Reuters) – Sterling will rise around 5.5 percent against the dollar if Britain and the European Union agree a divorce deal but will sink more than 6 percent if no agreement is reached. As predicted in numerous Reuters FX Read More

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UK austerity ending, as long as Brexit deal gets done: Hammond

10 October, 2018 8:39 am 8:39 am

LONDON (Reuters) – Chancellor of the Exchequer Philip Hammond held out the prospect of an end to Britain’s long spending squeeze provided the government secures a Brexit deal with the EU, putting pressure on the divided Conservative Party to back Read More

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With divorce deal almost done, May repeats rejection of EU proposal on Nort...

10 October, 2018 9:09 am 9:09 am

LONDON (Reuters) – Prime Minister Theresa May will tell parliament on Monday that 95 percent of Britain’s divorce deal has now been settled but will repeat her opposition to the European Union’s proposal for the land border with Northern Ireland. Read More

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UK firms near point of no return for Brexit contingency plans, CBI warns

10 October, 2018 9:09 am 9:09 am

LONDON (Reuters) – Most British companies will implement their plans for coping with a disruptive Brexit by December if there is no clarity by then on how Britain will leave the European Union, a survey by a major employers group Read More

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PM May tells businesses EU is committed to autumn Brexit deal

10 October, 2018 8:41 am 8:41 am

LONDON (Reuters) – British Prime Minister Theresa May told business leaders during a teleconference that EU politicians are committed to reaching a Brexit agreement this autumn, striking what one source told Reuters was an upbeat tone. London and Brussels are Read More

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Crypto exchange Coinbase opens Dublin office as Brexit looms

10 October, 2018 10:27 am 10:27 am

LONDON (Reuters) – Cryptocurrency exchange Coinbase has opened an office in Dublin, it said on Tuesday, joining the growing ranks of banks and financial firms with major British businesses developing European Union outposts as Britain’s exit from the bloc looms. Read More

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May struggles to sell at home Brexit deal emerging with EU

10 October, 2018 8:13 am 8:13 am

LONDON (Reuters) – British Prime Minister Theresa May struggled to find consensus on a Brexit plan that would be acceptable to her ministers, her divided Conservative Party and the Northern Irish lawmakers who prop up her minority government. Brexit negotiations Read More

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Brexit negotiators eye Monday breakthrough, Northern Irish party ups the an...

10 October, 2018 8:16 am 8:16 am

LONDON (Reuters) – British and EU negotiators making headway on the Irish border hope for a Brexit deal breakthrough on Monday, diplomats said, though the British prime minister’s Northern Ireland ally has stoked uncertainty by warning it could vote against Read More

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