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Theresa May

Britain risks a long Brexit recession as negotiators struggle to secure a deal

UK and EU negotiators resumed Brexit talks amid warnings that no deal would plunge the UK into recession and leave EU citizens in legal limbo.

Theresa May told by the EU to ‘take it or leave it’ as Brexit talks risk collapse

Exclusive: Senior EU sources have told Business Insider they are unwilling to make any further concessions to Theresa May in order to save the Brexit divorce deal negotiations, which are currently locked over the issue of the Northern Ireland border.
Chief EU negotiator Michel Barnier and Theresa May

Theresa May heads to Brussels with a no-deal Brexit looking more likely than ever before

The prime minister will address EU leaders at a dinner on Wednesday evening as the prospects of a disastrous no-deal Brexit and the end of her premiership grows.
Michel Barnier meets Theresa May

The EU warns May that a Brexit breakthrough is still ‘a long way off’

UK Brexit Secretary Dominic Raab will hold six hours of talks with Michel Barnier, the EU's chief Brexit negotiator, on Friday morning. Both sides are trying to reach an agreement on the Northern Irish backstop, with just over 6 weeks to go until the October European Council summit.
Michel Barnier

The pound surged above $1.30 after EU negotiators hint at a major Brexit compromise

"We are prepared to offer a partnership with Britain such as has never been with any other third country," EU negotiator Michel Barnier said at a news conference on Wednesday afternoon.
Britain's Secretary of State for Exiting the European Union Dominic Raab and European Union's chief Brexit negotiator Michel Barnier shake hands during a joint news conference in Brussels, Belgium July 26, 2018.

Dominic Raab dismisses no deal Brexit reports as ‘hair-raising scare stories’

UK Brexit secretary Dominic Raab met his EU counterpart Michel Barnier in Brussels on Tuesday for the latest round of talks. A number of key issues need to be resolved to ensure the UK avoids a no-deal exit in March next year.
Britain's Brexit Secretary Dominic Raab.

Why a no deal Brexit is becoming more likely as the UK heads to Brussels for crunch talks

UK Brexit Secretary Dominic Raab will hold talks with the EU's chief negotiator Michel Barnier on Tuesday. Here are the issues they are set to discuss.
The City of London.

The City of London issued a stark warning about the future of European finance after Brexit — and the EU is listening

According to a report from The Times on Tuesday, UK officials told Brussels that "thousands" of European investment funds will be under threat if the EU insists on a hardline approach to the City.
A dealer on the trading floor of IG Index reacts in London May 7, 2010.

The City of London just suffered a major defeat from the EU over plans for Brexit

Late last week EU negotiators rejected plans for the sector laid out by the British government in Prime Minister Theresa May's controversial white paper.
Michel Barnier

The EU suggests Theresa May’s Brexit plans could be illegal

The EU's chief negotiator casts heavy doubt on the legality of the UK's customs plans.