Page 45 - Latest Updates on Brexit
UK factory output falls 0.2% in February; first drop in almost a year
British government bond futures briefly touched a session high after the data was released, while sterling slipped below $1.42
 "UK factory output falls 0.2% in February; first drop in almost a year")
Brexit bankers may find home in Luxembourg's red-light district
Luxembourg has already become the nation of choice for several insurers, funds and banks relocating from the UK as it prepares to leave the European Union
 "Brexit bankers may find home in Luxembourg's red-light district")
A Brexit gentlemen's agreement
The main barrier to keeping the UK in EU's customs union is political, yet it can be overcome by an informal agreement between the two
 "A Brexit gentlemen's agreement")
EU's Jyrki Katainen says finance sector ready for disorderly Brexit
Many banks and insurance companies in Britain are applying for licences to open or expand hubs in the EU to avoid rupturing links with customers
 "EU's Jyrki Katainen says finance sector ready for disorderly Brexit")
UK's Theresa May sets out vision for frictionless trade after Brexit
she also proposed Britain having access to the EU's financial markets in return for having similar standards to those of the EU
 "UK's Theresa May sets out vision for frictionless trade after Brexit")
Theresa May's vow that Brexit deal won't hurt jobs foxes her cabinet
Under pressure to meld competing visions of Brexit, she sought last-minute changes to the text of her speech
 "Theresa May's vow that Brexit deal won't hurt jobs foxes her cabinet")
Theresa May wants alignment with EU data rules after Brexit
The UK regards the EU's data rules, which are crucial to both companies and security agencies, as one of its successes within the bloc
 "Theresa May wants alignment with EU data rules after Brexit")
EU's chief negotiator tells Britain: Time has come to make a Brexit choice
Britain has ruled out staying in any customs union with the EU after Brexit
 "EU's chief negotiator tells Britain: Time has come to make a Brexit choice")
May under fire after leaked paper says UK economy to fare badly post Brexit
Opposition lawmakers, and some even in the ruling Conservative Party, said enough was enough
'Door is open' if Britain wants to change mind on Brexit: Top EU official
Some British politicians have said another referendum should be held on whether to leave the EU
 "'Door is open' if Britain wants to change mind on Brexit: Top EU official")
Three UK ministers assure businesses of speedy pact on Brexit transition
They talk of implementation period of "around two years," no change in terms of trade with rest of EU, free movement of Union's citizens
 "Three UK ministers assure businesses of speedy pact on Brexit transition")
Brexit: EU's 'hearts are still open' if Britain changes its mind, says Tusk
Noting that Brexit was due to happen in March 2019 "unless there is a change of heart among our British friends," Tusk told the European Parliament
 "Brexit: EU's 'hearts are still open' if Britain changes its mind, says Tusk")
'No deal' Brexit could cost Britain about 500,000 jobs, says London mayor
The study said that in a no-deal scenario, the industry that fares the worst will be financial and professional services, with as many as 119,000 fewer jobs nationwide
 "'No deal' Brexit could cost Britain about 500,000 jobs, says London mayor")
Legal action to see whether UK could unilaterally stop Brexit gets go-ahead
The British govt has three weeks to respond to the challenge, before the Edinburgh court - Scotland's supreme civil judicial body - sets a date to hear the case
 "Legal action to see whether UK could unilaterally stop Brexit gets go-ahead")
European Banks in UK likely to operate 'as normal' after Brexit: Report
Financial services is Britain's single biggest tax-earning sector, bringing over 70 billion pounds a year into government coffers
 "European Banks in UK likely to operate 'as normal' after Brexit: Report")
Brexit: Trade relations between the UK and the EU
The UK imports more than it exports, with seven of the ten leading import sources coming from the EU
 "Brexit: Trade relations between the UK and the EU")
Britons can change terms of Brexit to diverge from EU: Michael Gove
Britain is due to exit the EU in March 2019
 "Britons can change terms of Brexit to diverge from EU: Michael Gove")
Britain to pay $47-52 bn in Brexit divorce deal
British officials said the figure would include regular payments into the EU budget until 2020
EU President Tusk says 'most difficult challenge ahead' in Brexit deal
In a sign of the challenges ahead, the former Polish premier said 'We need more clarity on how the UK sees our future relations'
European stocks rally after Brexit breakthrough, new banking rules deals
Among the top gainers were ABN Amro, up 5.7 per cent; Lloyds, up 4.5 per cent and Danske Bank, up 4.4 per cent
 "European stocks rally after Brexit breakthrough, new banking rules deals")
