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Brexit delay creates space for Canada, Britain to craft trade deal, envoy says
Ottawa, ON — The prolonged Brexit divorce from the European Union will give Britain more time to forge a proper free trade deal with Canada, says the country’s envoy to Ottawa. Britain is not legally allowed to engage in free…
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Trick or treat? EU, UK agree to delay Brexit until Halloween
Brussels, Belgium — As if Brexit hadn’t spooked Britain and the European Union enough over the past three years, the two sides agreed early Thursday to extend the deadline to Halloween. The new, Oct. 31 cutoff date averts a precipitous…
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UK firms step up preparations for a ‘no deal’ Brexit
London — U.K. companies have ratcheted up their preparations for a disorderly “no-deal” Brexit as best they can over the past couple of months, the Bank of England said Thursday. With the prospect of a chaotic Brexit potentially eight days…
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UK speaker stymies PM May’s bid for 3rd vote on Brexit deal
London, UK — The speaker of Britain’s House of Commons dealt a potentially fatal blow to Prime Minister Theresa May’s ailing Brexit deal on Monday, saying the government couldn’t keep asking lawmakers to vote on the same deal they have…
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UK unveils new tariff regime in event of ‘no deal’ Brexit
London, UK — Business leaders reacted with fury Wednesday after the British government unveiled a temporary tariff regime that could see higher prices on an array of imports ranging from cars to butter, if the country crashes out of the…
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Brexit: Parliament gets to decide between no deal and delay
London, UK — British Prime Minister Theresa May bowed to intense political pressure Tuesday and handed control of Brexit to Parliament, telling lawmakers they will get to choose between leaving the European Union on schedule — with or without a…
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Lessons for Brexit cargo from Norway’s hard border with Sweden
Orje, Norway — With fresh snow crunching under their boots and a handful of papers to be checked and stamped, truck drivers from Latvia, Sweden and Poland make their way across Norway’s Orje customs station to a small office where…
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Brexit’s toll: UK economy at weakest since financial crisis
London, UK — Mounting uncertainty over Brexit is weighing heavily on the British economy, which slowed last year to its weakest growth rate since the aftermath of the global financial crisis, official figures showed Monday. The Office for National Statistics…
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Fears grow: 1/3 of UK firms consider move abroad over Brexit
London, UK — Nearly a third of U.K. firms may shift their operations abroad because of Britain’s pending departure from the European Union, a survey of 1,200 company directors suggested Friday, as the political stalemate over a Brexit deal heightened…
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Foreign Secretary: Brexit may have to be delayed
London, UK — A key member of Prime Minister Theresa May’s government acknowledged Thursday that Britain’s exit from the European Union may have to be delayed if negotiations on a divorce deal drag on. Foreign Secretary Jeremy Hunt told the…
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Most UK ports unprepared for Brexit: survey
London, UK — Whilst pro-Brexit groups foresee a bright future for the UK as a global trading nation, chief executives and directors at ports and harbour authorities around the UK reveal that, with ten weeks to go, little or no…
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UK leader unveils Brexit Plan B, looks a lot like Plan A
London, UK — British Prime Minister Theresa May unveiled her Brexit Plan B on Monday — and it looks a lot like Plan A. May launched a mission to resuscitate her rejected European Union divorce deal, setting out plans to get it…