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FTSE rises slightly as defensives, miners gain

LONDON (Reuters) – UK shares were slightly higher on Monday amid relative calm as investors fled to safety in defensive stocks after last week’s tumult and Prime Minister Theresa May continued to fight for support for her Brexit deal. Miners also helped the FTSE 100 , which was up 0.33 percent at 1016 GMT, outperforming […]
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Scots jarred by Brexit terms on Northern Ireland, fishing

EDINBURGH (Reuters) – Scottish nationalists and their political opponents alike decried the terms expected to be offered to Northern Ireland in Prime Minister Theresa May’s Brexit deal on Wednesday, which some feel might foster resentment and boost the cause of Scottish independence. Scotland Secretary David Mundell was among 13 Scottish Conservatives who also
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Hunt to make first visit to Iran

LONDON (Reuters) – British Foreign Secretary Jeremy Hunt will visit Iran for the first time on Monday for talks with the Iranian government on issues including the future of the 2015 nuclear deal, his office said in a statement. In May, U.S. President Donald Trump abandoned the deal, negotiated with five other world powers during […]
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Bemused EU eyes options for British Brexit meltdown

BRUSSELS (Reuters) – EU negotiators cracked open champagne after watching Theresa May agree to their Brexit deal on television on Wednesday night but even then they knew the “orderly withdrawal” it foresees for Britain is far from certain. “We’re celebrating now but we’ll be in tears when the UK parliament votes it down,” one
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PM May says next seven days critical for Britain

LONDON (Reuters) – British Prime Minister Theresa May said on Sunday the next seven days in the Brexit process would be critical for the country’s future. “These next seven days are going to be critical, they are about the future of this country,” May told Sky News. (Reporting by Kylie MacLellan, writing by William James; […]
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Britain to buy 17 more F-35 fighter jets

LONDON (Reuters) – Britain will buy 17 more F-35 fighter jets, defence minister Gavin Williamson said in a statement on Thursday. The deal will mean Britain owns 35 of the stealth fighter jets by the end of 2022. Britain has said that over the life of the programme, it will buy 138 aircraft, which are […]