British and European Union envoys on Monday began a first round of negotiations on Britain’s divorce from the EU with both sides saying it was high time to tackle details, though feuding within the London cabinet over Brexit terms may trouble the process. Kate King reports. Continue reading
Sterling skids to its lowest levels – bar a “flash crash” in October – in 32 years on Monday, hit by fears that Prime Minister Theresa May will say on Tuesday that Britain is set for a “hard” Brexit out of the EU and its single market.
British Chancellor Philip Hammond hints at threats from Russia as he unveils a new five-year cyber security strategy.
Britain’s pound has fallen again on fears over a so-called “hard” Brexit, dropping below $1.27 for the first time since June 1985. And the UK’s key services sector PMI has also fallen slightly, with financial services in particular bracing for fallout. Hayley Platt reports.
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SoftBank Group Corp agrees to buy UK chip designer ARM Holdings PLC in a 24.3 billion pound ($32.2 billion) deal.
U.S. Secretary of State John Kerry says Syria’s President Bashar al-Assad has to step down but the timing of his departure had to be decided through negotiation. Kerry is in London for talks with British Foreign Secretary Philip Hammond.
British Foreign Secretary Philip Hammond says Russia could once again pose the greatest threat to Britain’s security, adding the country’s spy agencies were stepping up efforts to counter this.
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