Brexit
25 Sep
Simon Wolfson
Next upgrades profit guidance and calls for Brexit clarity

Next raised its guidance for annual profit after the fashion retailer’s trading in August and early September was better than expected.

24 Sep
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UK export growth reaches lowest level since Brexit vote - BDO

The UK export growth has fallen for a sixth consecutive quarter and has reached its lowest level since the Brexit referendum in 2016, a survey has found.

24 Sep
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May faces cabinet pressure amid calls to drop Chequers plan

Theresa May will face pressure on Monday as Brexiters will urge the Prime Minister and her cabinet to ditch the Brexit Chequers plan after her meeting with EU leaders in Salzburg last week.

21 Sep
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Theresa May says still 'long way apart' from EU on Brexit

UK Prime Minister Theresa May said Brexit negotiations were at an impasse and accused the European Union of not treating the UK with respect, sending the pound tumbling on Friday.

21 Sep
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Grayling warns of no-deal Brexit unless EU soften Irish position

Cabinet minister Chris Grayling warned that a no-deal Brexit was on the cards if the European Union did not soften its position regarding the Irish border.

20 Sep
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Tusk says Chequers plan won't work as May urges EU leaders to grant concessions

Chief of the European Council Donald Tusk, said on Thursday that Theresa May's proposed new economic partnership with the EU "will not work" as it risks undermining the EU's single market.

19 Sep
salzburg germany
May's dismissal of Barnier border offer sinks pound

Prime Minister Theresa May is preparing to reject an improved European Union offer to solve the issue of the Irish border post Brexit, reports stated on Wednesday, knocking the pound back from its seven week high.

19 Sep
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Michel Barnier says October will be 'moment of truth' for Brexit

Michel Barnier, the European Union's chief Brexit negotiator, said the bloc is “ready to improve” its offer to the UK on the Irish border issue and that October would be the “moment of truth” for negotiations.

18 Sep
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BMW to shut Oxford Mini factory for weeks after Brexit

Car manufacturer BMW is set to close its Mini factory in Oxford on the day of Brexit for at least a month as a result of growing concerns of a no-deal exit, according to reports.

17 Sep
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Over 3000 Jaguar Land Rover staff put on three-day week

Car maker Jaguar Land Rover announced on Monday it would fight job cuts by moving 3,000 staff to a three-day week until Christmas at the Castle Bromwich plant in the West Midlands.

17 Sep
city of london skyline
IMF and BCC warn of economic consequences of Brexit uncertainty

There were two chilling warnings for the government on Monday as the International Monetary Fund warned that a 'no-deal' Brexit would be likely to lead to a recession for the UK economy, while the British Chambers of Commerce warned of further slower growth for this year and next.

17 Sep
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EU ready to agree to 'frictionless border deal' - report

The European Union is preparing to accept a Brexit deal involving a frictionless Irish border, according to a report on Monday, though UK Prime Minister Theresa May is not convinced.

14 Sep
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Carney warns Brexit could be as catastrophic as 2008 financial crisis

The Bank of England’s governor Mark Carney warned that a no-deal hard Brexit could be as catastrophic as the 2008 financial crisis, causing recession and sending house prices crashing.

13 Sep
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London overtaken by New York as world's top financial hub

London has been overtaken by New York at the top of a long-running ranking of the top global financial centres, with Brexit uncertainty pulling the city off the top-spot for the first time in three years.

13 Sep
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UK to give EU information on Irish Border issue

The UK have pledged to provide data that could help reach a solution to prevent a hard border in Ireland post-Brexit, according to Bloomberg.

13 Sep
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Hard Brexit could bring recession, warns Moody's

The UK’s withdrawal from the European Union without a deal could damage the economy and be credit negative for a range sectors and debt issuers in the UK and Europe, possibly leading to another recession, credit agency Moody’s warned.

13 Sep
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May to reveal no-deal Brexit preparations as DUP backs Tory hardliners

Prime Minister Theresa May is set to hold a special three-hour cabinet meeting to discuss plans for a no-deal Brexit in the increasingly likely case that her Chequers deal is rejected as she loses support from Northern Irish allies the DUP.

12 Sep
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Tory MPs discuss ousting May

Conservative members of parliament reportedly met on Tuesday to discuss whether to force Prime Minister Theresa May to stand down, as a last resort to discard her Brexit Chequers plan.

11 Sep
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UK job confidence upbeat in England, weak in rest of UK

UK hiring confidence has hit its lowest levels since 2012 but is positive in England with confidence rising to its highest in 18 months, according to a new study by ManpowerGroup.

11 Sep
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Tory rebels scrap plan to publish alternative Brexit plan

Efforts to publish an alternative plan for Britain's post-Brexit relationship with the EU by Conservative Party eurosceptics have proved to be fruitless, according to a report on Tuesday.