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Brexit Headlines

EU ready to delay Brexit until 2020 - Times newspaper

European Union officials are examining plans to delay Brexit until 2020 after Germany and France indicated their willingness to extend withdrawal negotiations amid British political turmoil, The Times newspaper reported.

May says will meet party leaders on Wednesday evening

British Prime Minister Theresa May said she had invited parliamentary party leaders to meet her on Wednesday evening to try to break the deadlock over Brexit after her government won a vote of confidence from MPs.

Corbyn urges May to rule out no-deal Brexit before talks

The leader of Britain's opposition Labour Party, Jeremy Corbyn, said on Wednesday that Prime Minister Theresa May had to rule out the possibility of a no-deal Brexit before holding cross-party talks on how to take Britain out of the European Union.

Bank of England sees UK current account risk from Brexit

The Bank of England warned on Wednesday that Britain's large current account deficit remained a big risk ahead of Brexit, and that a jump in sterling after parliament crushed Prime Minister Theresa May's Brexit plan should not give too much comfort.

SNB's Jordan warns of impact from chaotic Brexit

A British departure from the European Union without a deal could hurt international trade, trigger turbulence on the currency markets and hit Switzerland, Swiss National Bank Chairman Thomas Jordan said on Wednesday.

Carmaker JLR urges MPs to prevent a no-deal Brexit

Britain's biggest carmaker Jaguar Land Rover (JLR) urged MPs to rule out the possibility that the country leaves the European Union without a deal, to prevent companies from having to make costly contingency planning.

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