British Prime Minister Theresa May is learned not to be attending the 60th anniversary bash of EU summit next month in Rome, Italy. The decision is rational as the primary focus of it would be the future of European Union and the United Kingdom as the country will be leaving […]

The British economy is said to be moderate this year and weaken further next year while the Brexit talks is in progress, said European Union Financial Affairs Commissioner Pierre Moscovici. The economic growth of United Kingdom could slump to 1.2 percent in 2018. It was 3.1 percent in 2014. For […]

British Prime Minister Theresa May is learned to have made several phone calls to many European Union leaders including Francois Hollande and Angela Merkel. PMO spokesman said, “Chancellor Merkel and President Hollande both welcomed the Prime Minister’s commitment to the continuing strength of the EU, and her intention to negotiate […]

The market is waiting patiently to hear the outline priorities of British Prime Minister Theresa May for Brexit following which the country will leave a single market and remain away from the policies of European Union bloc. According to prime minister’s office, the country would not look for such a […]

To keep the fishing industry surviving the British government should help it to continue access to European Union markets even after Brexit, withdrawal of United Kingdom from the EU bloc, said a House of Lords report. It is also warned the EU-registered boats should be allowed by the government to […]

British government should offer a Brexit “bridge” to financial services firms to retain those in the city instead of moving to rival locations like Dublin, New York, Paris and Frankfurt, said a cross-party group of peers. The leaders urged Prime Minister Theresa May to act and stop businesses tumbling off. […]