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May: 'We will pursue a bold and ambitious free trade agreement'
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May: 'It remains...in Britain's national interest that the E.U. should succeed'
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Brexit linked weaker pound boosts UK inflation to 1.6%
Inflation in Britain rose strongly in December – linked to the Brexit vote. The large fall in the value of the pound against other currencies since last June’s referendum has pushed up the cost of imported raw materials. Consumer prices...
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Davos participants give their reaction to May’s Brexit policy speech
At the World Economic Forum, Euronews canvassed opinions on Theresa May’s Brexit policy speech. Ryan Heath, former European Commission spokesman .. now Senior EU Correspondent for Politico reckons the British prime minister still has a...
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HSBC to move 1,000 staff from London to Paris after Brexit
The top boss of HSBC has said it is planning to move some staff from London to Paris following Britain’s exit from the European Union. Chief Executive Stuart Gulliver revealed that in interviews at the World Economic Forum in Davos,...
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EU leaders respond to UK PM’s Brexit speech
Although one British newspaper dubbed her the “new iron lady”, European Union leaders have reacted cautiously to UK Prime Minister Theresa May’s Brexit speech. After Tuesday’s address, in which May confirmed that Britain would leave the...
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No punishment, but no cherry picking – France on Brexit
You can forget any cherry-picking when it comes to Brexit. That from France’s foreign minister, who has also said the upcoming EU divorce talks will not be aimed at punishing the UK. “I say it clearly here, there will be no cherry...
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UK details industrial strategy to help post-Brexit economy
After British Prime Minister Theresa May revealed last week that post-Brexit the UK would be withdrawing from the single European market she has now unveiled an industrial strategy. The government plans to be much more interventionist to...
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Weaker pound, pricier fuel to hit easyJet profits
British low-cost airline easyJet has warned the weaker value of the pound will hit its profits more than expected this year – by an additional 15 million pounds (17 million euros). The news sent its shares lower by as much as nine...
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British rapper Tinie Tempah makes catwalk debut in London
It’s a mans world – in London as fashion week kicked off in the capital. There was plenty of the quirky and classic for male wardrobes as the city seeks to maintain its status as a hub for creativity despite uncertainty over Britain’s...
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Trump administration ‘keen on fast trade deal with Britain’
Britain will reportedly be in the “front seat” to negotiate a new trade deal with the incoming administration of Donald Trump. That is according to a top Republican – Senate Foreign Relations Committee Chairman Bob Corker – quoted by the...
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Back to Bletchley
Once home to England’s Second World War codebreakers, Bletchley Park is to reopen as the National College of Cybersecurity
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Pound slumps ahead of Brexit speech by UK Prime Minister Theresa May
The pound plunged further against other currencies on Monday from the latest Brexit worries. On Tuesday Prime Minister Theresa May is due to give a speech outlining the government’s plans. At one stage, sterling fell as much as 1.5...
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Norway frets over ‘very hard’ Brexit
Britain lacks experience in international negotiations, according to Norway’s Prime Minister, which means it could complicate its Brexit talks. Erna Solberg, the leader of the non-EU country since 2013, told Reuters she fears the UK will...
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UK employment falls, jobless rate unchanged, wages rise
Some signs of weakness are emerging on the jobs front in Britain. For the three months to October the unemployment rate stayed at 4.8 percent of the workforce and basic pay rose but the number of people with jobs fell for first time in...
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Murdoch empire makes Sky deal
Rupert Murdoch’s Twenty-First Century Fox is buying European pay-TV firm Sky, which has nearly 22 million viewers in Britain, Ireland, Italy, Germany and Austria. The deal unites a media empire across two continents. Murdoch – who has...
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EU’s Brexit czar eyes 2018 deal with UK
The EU’s chief Brexit negotiator wants a deal between Britain and Brussels by October 2018. Michel Barnier, a former French foreign minister and ex-European Commissioner also said Tuesday the UK could not cherry pick parts of the single...
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British jobless rate falls to 11-year low
The jobless rate in Britain unexpectedly fell to its lowest level in 11 years between July and September – immediately after the vote to leave the European Union. It edged down to 4.8 percent of the workforce . But there were also signs...
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May pledges to make Britain corporate tax haven
Britain’s Prime Minister Theresa May has moved to ease business concerns over Brexit talks. Speaking to the Confederation for British Industry, a leading business organisation, she said her government plans to attract more firms by...
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UK borrowing falls unexpectedly but debt remains high
There is some good news for Britain’s Chancellor of the Exchequer Philip Hammond ahead of his first Autumn Statement. According to official figures, a record amount of corporation tax income in October meant the UK government borrowed...
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‘Nothing is clear’ – Brexit boss faces questions in Strasbourg
What do you want out of this divorce? The question Britain’s Brexit Secretary David Davis has been facing in Strasbourg, as he seeks to lay foundations ahead of the formal triggering of Article 50. “One of the things we are very clear...
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Britain’s Brexit bonanza: slower growth, inflation and more borrowing
Phillip Hammond, British Chancellor of the Exchequer, the man in charge of the public purse has delivered his first autumn statement since taking over from George Osbourne and the premier treasury statement since the Brexit vote. The...
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Chill winds drive October UK retail sales growth by most since 2002
It was spend, spend, spend in Britain in October as retail sales surged by 1.9 percent from the previous month. Clothing flew off the racks as the weather turned colder and people were not scared to splash out on Halloween related items....
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UK inflation slips but Bank of England warns of price rises ahead
Inflation in Britain slipped slightly in October. It was at 0.9 percent, down from September’s 1.0 percent. But the Bank of England’s Governor Mark Carney said that won’t last. He warned higher prices are on the way in the UK. Wages are...