UK

Brexit negotiations: Britain, EU try to sort out ‘fishy’ matter

Editorial Bureau October 23, 2020

LONDON (UK) – In a desperate bid to strike a last-minute trade deal, the chief negotiators of Britain and the EU are meeting later on Friday to avoid a shaky exit by the end of the year. Following threats from London that it would undercut the 2020 divorce agreement and after Prime

UK

UK tells EU to approach with a few Brexit concessions

Editorial Bureau October 19, 2020

LONDON (UK) – British Prime Minister Boris Johnson wants the European Union to come forward with comparatively small concessions on Brexit as the door is still open. However, unless the bloc gives in, there will be a no-trade deal exit, a minister said on Monday. Housing Secretary Robert Jenrick told Sky News, “It would be […]

UK

It is time to brace for no-trade deal Brexit, says PM Johnson

Editorial Bureau October 16, 2020

LONDON (UK) – It is now time to brace for a no-trade deal Brexit, said Prime Minister Boris Johnson on Friday, blaming the EU for declining to negotiate seriously. He said unless Brussels changed tack, there would be no deal. The no-deal divorce would cause chaos throughout the supply chains stretching across Britain, the European […]

Finance

COVID curbs, Brexit uncertainty cap London FTSE 100 gains

Editorial Bureau October 16, 2020

LONDON (UK) – Bringing an end to a four-day losing streak on Friday, London’s FTSE 100 climbed 1%. But the gains were capped by uncertainty over Brexit and the new lockdowns. Led by pharmaceutical, aero, mining and retail stocks, blue-chip index registered a climb of 1.0%. In the previous session, British stocks had tumbled as […]

UK

Britain is disappointed by EU demands, but a deal can be done: Raab

Editorial Bureau October 16, 2020

LONDON (UK) Foreign Secretary Dominic Raab said on Friday that Britain is unhappy over the EU demand that London provides more concessions to clinch a trade agreement, adding that a deal was close and feasible. “We are disappointed and surprised by the outcome of the European Council,” he told Sky News. “We’ve been told that […]

UK

Frost tells PM not to walk away from Brexit negotiations: Times

Editorial Bureau October 15, 2020

LONDON (UK) -The Times has reported that Britain’s chief Brexit negotiator David Frost has told Prime Minister Boris Johnson not to leave the trade discussions with the EU as deals covering security and fishing were possible over the next two weeks. The PM’s ultimate decision on continuing the discussions or leaving it midway for a no-deal […]

UK

Britain and the EU closer to agreement on social security rights – sources

Editorial Bureau October 6, 2020

BRUSSELS (BELGIUM) – Britain and the EU are closer to agreeing on equal social security rights for their citizens after Brexit, according to two diplomatic sources. The European Union diplomats said Brussels was now getting prepared for negotiations until as late as mid-November to evade a damaging “no-deal” scenario. “We seem to be getting closer

UK

Johnson should go back on Brexit divorce deal, think-tank says

Editorial Bureau September 27, 2020

LONDON (UK) – A prominent pro-hard Brexit think-tank urged Prime Minister Boris Johnson to cancel his divorce deal with the European Union on Saturday. It said it would still provide too much power to the bloc in Britain. Johnson’s government has been trying this month to get laws passed that can revoke parts of Britain’s […]

Business

Brexit forces well-heeled Britons to seek ways to buy citizenship overseas

Editorial Bureau September 26, 2020

LONDON (UK) – With the prospect of a post-Brexit trade pact between the U and the UK appearing bleak, the number of Britons wanting to buy citizenship from nations offering visa-free access to the EU has recorded a surge, according to investment migration companies. Astons, an investment immigration company, said it witnessed a 50% and […]

UK

Brexit divorce treaty to be discussed in UK parliament

Editorial Bureau September 14, 2020

LONDON (UK) – British Prime Minister Boris Johnson’s plan to go against the international law by violating parts of the Brexit divorce treaty with the European Union might face a vote in parliament on Monday even as opposition has been growing within his own party. The House of Commons will discuss about the Internal Market […]