Edition:
United Kingdom

The road to Brexit

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Non-euro states should take part in euro reform talks - EU's Tusk

BRUSSELS European Union countries still outside the euro zone should take part in euro zone reform preparations to show the unity of the bloc and the importance of the currency, the chairman of EU leaders Donald Tusk said.

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John Lewis winning in challenging market, boss says

OXFORD, England John Lewis, Britain's largest department store operator, is outperforming a challenging market as it approaches the key Christmas trading period, its boss said on Friday.

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FTSE closes flat as sterling bounces back on Brexit hopes

LONDON The FTSE closed up 0.2 percent on Friday as sterling bounced back on hopes of a breakthrough in Brexit negotiations, and consumer heavyweights Unilever and Reckitt Benckiser weighed down an index that was earlier lifted by financials.

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EU's Juncker says assumes won't end up with 'no deal' on Brexit

BRUSSELS European Commission President Jean-Claude Juncker said on Friday he did not believe that Britain would crash out of the European Union with no Brexit deal.

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May says will 'honour commitments' to EU

BRUSSELS Prime Minister Theresa May said on Friday she had told fellow EU leaders that Britain would honour its commitments to the Union on Brexit and that other countries would not lose out in the current budget plan.

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Factbox - Impact on banks from Britain's vote to leave the EU

Banks have said they could move thousands of jobs out of Britain to prepare for the country's planned exit from the European Union.

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EU's Tusk says 27 leaders open internal work on Brexit phase two

BRUSSELS European Council President Donald Tusk said on Friday that 27 EU leaders meeting in Brussels had agreed to give the green light to internal preparations for the second phase of Brexit talks with London.

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High noon for the ECB, Draghi at the QE Corral

FRANKFURT Not for the first time, European Central Bank President Mario Draghi is facing a tricky balancing act.

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Bank of England's Cunliffe - no clear case for rate hike soon

LONDON Bank of England Deputy Governor Jon Cunliffe said on Thursday it was not clear that interest rates needed to rise soon, showing at least two of the central bank's nine policymakers are unlikely to vote for a hike in November.

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Highlights - Comments of EU leaders at summit in Brussels on Friday

BRUSSELS European Union leaders meet on Friday in Brussels to their response to British Prime Minister Theresa May's appeal to break the deadlock in Brexit negotiations.

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Britain's new concessions are not enough, EU leaders tell May

BRUSSELS European Union leaders welcomed a proposal by British Prime Minister Theresa May aimed at unblocking Brexit talks, but said concessions to ease the fears of EU citizens living in Britain were not enough.

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Merkel has no doubts UK, EU will achieve good Brexit result

BRUSSELS German Chancellor Angela Merkel said on Thursday she had no doubts that the European Union and Britain could achieve a good result on Brexit after Prime Minister Theresa May appealed to leaders to move the talks forward.

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EU leaders want to 'responsibly' cut Turkey pre-accession aid - Merkel

BRUSSELS The human rights situation in Turkey is unacceptable, German Chancellor Angela Merkel told reporters on Thursday, adding European Union leaders had asked their executive arm to look at cutting pre-accession aid to Ankara in a "responsible way".

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May appeals to EU leaders to signal movement in Brexit talks

BRUSSELS British Prime Minister Theresa May called on EU leaders on Thursday to move forward with Brexit talks, underlining their shared support for free trade and promising to remain a strong partner on security.

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Merkel praises Turkey on refugees, 'very worried' about rule of law

BRUSSELS German Chancellor Angela Merkel praised Turkey on Thursday for its handling of refugees but said she was very concerned about a breakdown in the rule of law and voiced support for reducing EU funds that are being channelled to Ankara as part of its drive to join the bloc.