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Britain's current account deficit was bigger than thought in 2015 - ONS


LONDON Britain's current account deficit, the largest of any major economy last year, was even bigger in 2015 than previously thought, according to new estimates from the Office for National Statistics.


Britain confident of moving onto second phase of Brexit talks 12:07pm BST

LONDON Britain is confident its Brexit talks with the European Union are making sufficient progress to move to a second phase in the negotiations to discuss its future partnership by October, a spokeswoman for Prime Minister Theresa May said on Monday.


Hong Kong property investors go trophy hunting in London despite Brexit 9:42am BST

LONDON Chinese investment in London commercial property has more than trebled since before Britain voted to leave the European Union, most of it channelled through Hong Kong at a time of heightened political uncertainty in the former British colony.


Britain will not exclude possible EU oversight of UK borders after Brexit 4:31am BST

LONDON Britain will not rule out the possibility that the European Union may retain oversight of customs controls at UK borders after it leaves the bloc, as the country seeks ways to keep unhindered access to EU markets following Brexit.


Merkel attacks Turkey's 'misuse' of Interpol warrants 12:16pm BST

BERLIN German Chancellor Angela Merkel criticised Turkey's use of an Interpol arrest warrant to detain a German writer in Spain, telling an election town hall event on Sunday that this amounted to abuse of the international police agency. | Video


Britain calls on EU to move Brexit talks forward 20 Aug 2017

LONDON Brexit minister David Davis called on the European Union on Sunday to relax its position that the two sides must first make progress on a divorce settlement before moving on to discussing future relations.


Frankfurt and Dublin make bankers feel wanted in battle for Brexit jobs 20 Aug 2017

LONDON/DUBLIN "I'm here to send you the regards of the Federal Chancellor. I am entitled to tell you we want you in Germany." This private message from Angela Merkel, delivered by a regional politician to Wall Street bankers last year, is having the desired effect. | Video


UK to release tranche of Brexit position papers 20 Aug 2017

LONDON Britain will issue a cluster of new papers this week to outline its strategy positions in divorce talks with the European Union, ranging from regulation of goods to data protection, the UK's Brexit department said on Sunday.

Belgium's Lotus Bakeries raises prices in Britain due to weak pound 18 Aug 2017

Belgian biscuit maker Lotus Bakeries reported higher first-half profits on Friday and said it has had to raise the prices of its products in Britain because of weakness in the pound.


Britain receives record number of foreign visitors in second quarter 2017 18 Aug 2017

LONDON Britain received a record number of foreign visitors in the second quarter of 2017, and the number of Britons making trips abroad reached an all-time high for the time of year, official figures showed on Friday.

Conservative steel mills warming to LME steel contracts

LONDON Many steel mills, which had largely shunned using steel futures, are becoming more open to hedging and have been experimenting with London Metal Exchange contracts in recent months, an LME executive said on Monday.

Vehicle ramming kills one in Marseille, no terrorist motive seen

MARSEILLE, France At least one person was killed and another injured in Marseille on Monday when a van crashed into two bus shelters in different parts of the French city, police said, in an incident not being treated as terrorism at this stage. | Video

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