-
UK planning post Brexit freight service for vital medicines
London, UK — The British government wants to set up an “express freight service” to ensure essential medicines are still available if the U.K. leaves the European Union without a divorce deal. The Department of Health said Thursday it is…
-
Boris Johnson’s ascent heralds stormy economic and political seas for Canada
Ottawa, ON — Boris Johnson pledged a Halloween Brexit for Britain from the European Union, negotiated or not, after being sworn in Wednesday as Britain’s prime minister. With that, there is almost equal certainty that Johnson’s arrival at 10 Downing…
-
Budget watchdog says no deal Brexit will spur UK recession
London, UK — The U.K. will plunge into recession if it leaves the European Union without a divorce deal, with the pound plunging in value and the economy shrinking by 2% in a year, Britain’s official economic watchdog said Thursday.…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…