Pound tops $1.23, hitting a 1-month peak on fading prospects of a “no deal” Brexit.
British Prime Minister Boris Johnson braced for another showdown in parliament on Wednesday after a humiliating defeat over his Brexit strategy, with MPs set to vote on a law aimed at blocking a no-deal departure.
The pound rebound further , but gains were capped by investor anxiety.
Boris Johnson to call an election for October 14 if MPs vote against his Brexit strategy.
The pound slid once more as data revealed a slump in UK manufacturing.
British Prime Minister Boris Johnson announced Wednesday that parliament would be suspended until October 14 – just two weeks before the UK is set to leave the EU – enraging anti-Brexit MPs.
Britain must pay its Brexit divorce bill even without a deal, the EU says.
British Prime Minister Boris Johnson is expected to tell European Council head Donald Tusk that the UK will only pay 9 billion pounds ($11 billion) instead of the 39 billion pound ($47.88 billion) liability agreed by former Prime Minister Theresa May under a no-deal Brexit, Sky News reported early on Sunday.
German Chancellor Angela Merkel on Wednesday challenged Britain to come up with alternatives to the Irish border backstop within 30 days, but French President Emmanuel Macron cautioned there would be no renegotiation of the Brexit deal.
Britain says it would end EU freedom of movement rules immediately after Brexit.
Labour Party urges rebel Conservative lawmakers to help block a no-deal Brexit.
The Bank of England lowers its near-term economic growth forecasts.
Scottish First Minister Nicola Sturgeon said on Monday she believed Prime Minister Boris Johnson was pursuing a no-deal Brexit.
Former Chancellor Philip Hammond, who quit the government last week before Boris Johnson took over as prime minister, has held secret talks with the opposition Labour Party about how to stop a no-deal Brexit, a newspaper said.
Boris Johnson promised in his first speech as prime minister to lead Britain out of the European Union on Oct 31 with “no ifs or buts” and warned that if the bloc refused to negotiate then there would be a no-deal Brexit.
Global trade tensions are sapping the strength of the world economy: IMF warns.
Boris Johnson wins the race to become Britain’s next prime minister, but will face a confrontation over Brexit with Brussels.
Britain’s auto industry is accelerating toward electrification.
Boris Johnson is expected to become Britain’s next prime minister this week, vowing to deliver Brexit on October 31 come what may, in the face of fierce opposition in parliament.
Boris Johnson, favorite to be the next British prime minister, on Wednesday refused to say whether he would seek to shut Parliament to facilitate a no-deal Brexit but agreed such a plan could be convenient for him.
The diplomatic row that led to Britain’s ambassador to the United States stepping down has taken a new turn after it emerged the journalist who allegedly leaked confidential messages has close links to the Brexit Party.
Boris Johnson challenged his rival for Britain’s leadership on Tuesday to deliver Brexit by the end of October whatever happens, only to be accused once again of trying to avoid scrutiny.
Boris Johnson says he is prepared to lead Britain out of the EU without a deal.
Brexit figurehead Boris Johnson will look to cement his stranglehold of the UK leadership race Wednesday after emerging unscathed from a TV debate against his four remaining rivals.
Brexit figurehead Boris Johnson came top by a landslide in a first-round vote on Thursday for a leader to replace British Prime Minister Theresa May as the deadline for leaving the EU looms.
Boris Johnson launches his campaign to be prime minister with a promise to unify a country deeply divided over Brexit.
Ubisoft unveils a new subscription service and a Brexit-tinged title.
Boris Johnson, considered the frontrunner to succeed British Prime Minister Theresa May, said on Saturday he would refuse to pay the country’s Brexit bill until the EU agrees better withdrawal terms.
US President Donald Trump courted candidates to replace Prime Minister Theresa May during his state visit to Britain on Tuesday, as the first leadership debates kicked off in parliament.
Britain should go for a no-deal Brexit with the EU and refuse to pay the agreed £39 billion divorce bill, Trump says.