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'Congratulations': EU moves to Brexit phase two but warns will be tough

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BRUSSELS The European Union agreed on Friday to move Brexit talks onto trade and a transition pact but some leaders cautioned that the final year of divorce negotiations before Britain's exit could be fraught with peril. | Video

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EU drugs agency says move to new HQ may take longer 1:59pm GMT

LONDON The European drugs agency said on Friday its new headquarters in Amsterdam may not be ready by the time it has to leave London due to Brexit because the building will not be completed.

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FCA to take closer look at initial coin offerings 3:54pm GMT

LONDON Britain's markets watchdog will step up its scrutiny of the initial coin offering (ICO) market to see if new rules are needed to protect investors after issuing an alert in September.

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UK households turn downbeat about finances as Brexit weighs - BoE survey 5:27pm GMT

LONDON More households in Britain expect a deterioration in their finances than an improvement for the first time in three years, with much of it linked to the Brexit vote in 2016, a survey published by the Bank of England showed.

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May says Britain and EU to start talks on future ties immediately 2:33pm GMT

LONDON British Prime Minister Theresa May said Britain and the European Union will begin talks on their future relationship straight away after the bloc agreed to move talks onto the next stage of negotiations.

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Ryanair offers to recognise unions in historic shift to try to avert strikes 6:03pm GMT

DUBLIN Ryanair offered on Friday to recognise pilot unions for the first time in its 32-year history in a last-minute attempt to avert its first-ever pilot strike. | Video

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Six months on, Grenfell fire survivors weep at London memorial 14 Dec 2017

LONDON Survivors of a blaze that killed 71 people six months ago in the Grenfell Tower social housing block in west London wept during a multi-faith memorial service at St Paul's Cathedral on Thursday attended by members of the royal family. | Video

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Scotland breaks from rest of UK with tax hike for higher earners 9:29am GMT

EDINBURGH Scotland's government said on Thursday it will raise taxes on higher earners and increase public sector pay, using powers to levy higher income tax rates than the rest of Britain for the first time since it was given its own parliament 20 years ago.

Scottish economic growth seen persistently below UK growth rate in coming years 9:30am GMT

EDINBURGH Scotland's economy will grow at a slower rate than that of the United Kingdom overall during the next five years, the Scottish Fiscal Commission forecast on Thursday.

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Skewed Irish GDP likely to beat official projections - finance minister 12:28pm GMT

DUBLIN Ireland's volatile gross domestic product (GDP) is likely to beat official forecasts for growth of 5.1 percent this year after expanding sharply in the third quarter, Finance Minister Paschal Donohoe said on Friday.