Edition:
United Kingdom

The road to Brexit

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Irish foreign minister does not expect commitment to new Brexit summit date

LONDON Irish foreign minister Simon Coveney said he did not expect a meeting of EU leaders later on Wednesday to agree a date for a special Brexit summit in mid-November.

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London attracts global finance under Brexit cloud - report

LONDON Britain's financial sector brushed off Brexit uncertainty in 2017 to attract more inward investment than eight rival centres vying for its business, the City of London Corporation said on Wednesday.

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Trade dispute, Brexit angst weigh on German investor morale

BERLIN German investor morale darkened more than expected in October, a survey showed on Tuesday, as concerns about an escalating Sino-U.S. trade dispute and Britain crashing out of the EU without a divorce deal clouded the outlook for Europe's largest economy. | Video

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UK won't lower food standards to win post-Brexit trade deals - minister

LONDON Britain's trade minister Liam Fox will "categorically" deny on Wednesday that the government plans to lower foods standards to win trade deals after Brexit.

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Liam Fox says UK needs longer transition period to make free-trade deal with EU - the Times

British trade minister Liam Fox said the UK will need a longer transition period to make a free-trade deal with the European Union, The Times newspaper reported on Wednesday.

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EU's Tusk bemoans lack of a 'Great' to cut Gordian Brexit Knot

BRUSSELS European Council President Donald Tusk on Tuesday bemoaned the lack of leaders great enough to overcome a deadlock on the Irish border in Brexit talks, which he compared to the Gordian Knot unravelled by Alexander the Great.

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Barnier open to possibility of one-year extension to Brexit transition - FT

EU Brexit negotiator Michel Barnier is open to extending Britain's Brexit transition by another year, the Financial Times reported on Tuesday.

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Fed's Powell says a disorderly Brexit could harm the U.S. economy: AFP

U.S. Federal Reserve Chairman Jerome Powell has said a disorderly Brexit could harm the United States economy, French news agency AFP said in a tweet on Tuesday.

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EU offered Britain extension of transitional period - FAZ report

BERLIN The European Commission has offered to allow Britain to remain in the EU customs union and internal market beyond an agreed transitional arrangement until the end of December 2020, the Frankfurter Allgemeine Zeitung reported on Tuesday.

DUP leader says not to jump ahead of ourselves on UK budget support

DUBLIN The leader of the Northern Irish party propping up British Prime Minister Theresa May's government said "we should not jump ahead of ourselves" when asked if she was threatening to withdraw parliamentary support for May's budget when it comes for approval.

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France seeks Brexit urgency as Wednesday deal unlikely

PARIS France believes a Brexit deal is within reach but there is now a real need for urgency in negotiations, a presidency official said on Tuesday, striking a firm-but-conciliatory tone towards British Prime Minister Theresa May on the eve of an EU summit.

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Stand together, Britain's May calls for unity on Brexit

LONDON/LUXEMBOURG British Prime Minister Theresa May told her ministers on Tuesday they would secure a Brexit deal if they stood together, calling for a show of unity to silence those pressing her to rethink her strategy for leaving the European Union.

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Barnier sees December "ultimate deadline" for Brexit deal - source

LUXEMBOURG EU Brexit negotiator Michel Barnier told ministers from member states on Tuesday that December was the latest that a Brexit deal could be struck if a treaty was to be ready by the time Britain leaves the bloc in March, an EU source said.

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Still one-in-four chance of Britain leaving EU without deal - economists

LONDON There is still a one-in-four chance Britain and the European Union part ways in less than six months without reaching a deal, according to a Reuters poll taken as EU leaders prepare to meet in Brussels later this week. | Video

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Irish PM concerned decisive Brexit progress not made

DUBLIN Irish Prime Minister Leo Varadkar said he still believes a positive outcome is possible in Brexit talks but is concerned that decisive progress has not been made despite a step up in engagement between the sides.