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Tag: Brexit

UK, EU Begin New Relationship As Brexit Transition Period Ends

London: Britain and the European Union (EU) have started a new chapter in their relationship as the Brexit transition period ended on Thursday. In an earlier message, British Prime Minister Boris Johnson urged Britain to seize the moment as the country embarks on a new journey as an independent global trading nation. “The destiny of […]

British Voters Set To Decide Fate Of Brexit

London: Britain will go to the polls on Thursday, the country’s third general election in less than five years, to break the Brexit deadlock that has paralysed the country’s politics since the 2016 referendum to leave the European Union. A total of 3,322 candidates are standing across the 650 seats in the House of Commons […]

Column: A Vote For the Future Of Britain

By Ashutosh Mishra London: In less than a week from now the people of Britain will be exercising their franchise to decide the future of the country, a future that seems to be hanging in the balance with a fierce debate still raging over Brexit. Prime Minister, Boris Johnson himself has described the December 12 […]

Column: Too Obsessed With Brexit

By Ashutosh Mishra London: Political analysts here appear worried that Brexit fixation of major party leaders is going to make the Christmas elections terribly skewed. One commentator calls it the hijacking of the elections by Brexit which, by all indications, has turned into an obsession. Everything else has become secondary. Prime Minister, Boris Johnson, who […]

Column: The Crucial Youth Vote

By Ashutosh Mishra London: There is tremendous enthusiasm among the youth for the upcoming Christmas election in the country. Authorities received more than 300,000 applications for registration as voters within 48 hours of elections appearing inevitable and then being confirmed. Of these nearly two-thirds came from people aged 34 or less while those over 65 […]

UK General Election Set For Dec 12

London: The UK will hold general elections on December 12 in which Britons will decide the composition of the government that will be tasked with steering the country through the tortuous “Brexit” process of withdrawing from the European Union (EU). The House of Commons on Tuesday backed the plan by conservative UK Prime Minister Boris […]

Sensex Extends Gain, Nifty Above 11,600

Mumbai: Indian markets gained during the early trade on Friday as investors bought company shares with significant business in Britain after EU and Britain reached a new Brexit. Sensex extended gains after it surpassed the 39,000 mark on Thursday. At 10.21 a.m., it was up 133.25 points higher at 39,185.31. It opened with marginal gains […]

Indian markets jump sharply as EU, UK reach Brexit deal

Mumbai: Sensex and Nifty closed with sharp gains, most of which came during the second half of the trade session on Thursday after the Brexit uncertainty troubling the global markets seemed to have come to an end. Foreign media cited statements from British Prime Minister Boris Johnson and European Commission President Jean-Claude Juncker according to […]

Column: Should Britain Have A Fresh Referendum Over Brexit?

By Ashutosh Mishra London: The mood in Britain seems to be changing. It is clearly turning against Prime Minister, Boris Johnson’s obsession with Brexit, the deadline for which—October 31–is fast approaching. Johnson, who had said Britain will exit the European Union (EU) with or without a deal, seems to have softened a bit given the […]

Column: Small Sacrifice For A Big Cause

By Ashutosh Mishra London: Climate change is a big issue in this part of the world. The city is currently in the grip of Extinction Rebellion protesters who have launched a two-week long campaign to highlight the dangers of climate change. Members of the eco- justice group, drawn from various parts of England, are everywhere in […]

Column: Nerve Racking Suspense Over Brexit

By Ashutosh Mishra London: Brexit continues to haunt the people of this country. Opinion is sharply divided and the political class seems obsessed with the issue. Prime Minister, Boris Johnson’s survival depends upon how successfully he can lead England out of the European Union (EU) without causing any major damage to the economy. That is […]

Column: Can Boris Weather This Storm?

By Ashutosh Mishra London: Barely two months into office Prime Minister, Boris Johnson is facing one of the toughest challenges of his political career with calls for his resignation getting louder. The crisis surrounding him and his government has deepened following a ruling of the British Supreme Court that he had suspended the Parliament unlawfully. […]

Column: The Brexit Challenge

By Ashutosh Mishra London: Brexit has Britain on the edge. Public opinion over the issue is sharply divided and the stand-off between the ruling Conservatives and the Labour party seems set to worsen as the October 31 deadline for Prime Minister, Boris Johnson to make good his promise of leading Britain out of the European […]

Jo Johnson
UK PM's MP brother quits citing 'national interest'

London: The UK Prime Minister’s brother Jo Johnson announced his resignation as a member of Parliament and Minister on Thursday, saying he was “torn between loyalty to his family and the national interest”. His shock resignation comes as his brother Boris Johnson, who at 55 is eight years his senior, struggled to command the House […]

Renegotiate or face no-deal Brexit: UK tells EU

Brussels: A UK Minister has said that European Union (EU) leaders must give their Chief Negotiator Michel Barnier the mandate to revise the country’s withdrawal agreement, otherwise a no-deal Brexit is “coming down the tracks”, a media report said on Sunday. Writing in the Mail on Sunday, Brexit Secretary Stephen Barclay said “political realities” had […]

Brexit: British MPs back May's bid to change deal

London: British MPs have backed seeking “alternative arrangements” to replace the Irish backstop in Prime Minister Theresa May’s Brexit plan. The proposal — put forward by Tory MP Graham Brady — had the support of the government and won by 16 votes, the BBC reported on Tuesday. Theresa May had urged MPs to vote in […]

Brexit: PM says critics of her deal risking democracy

London: British Prime Minister Theresa May has urged MPs to back her Brexit deal, saying it is the only way to honour the referendum result and protect the economy. Writing in the Mail on Sunday, May said her critics risk damaging democracy if they oppose her plan, the BBC reported. MPs are due to vote […]

UK Cabinet meets to scale up no-deal Brexit planning

London: The UK Cabinet Tuesday ramped up contingency plans for a no-deal Brexit, which could see Britain leave the European Union without a formal divorce agreement in place in time for the March 29 deadline. Preparations for such a chaotic scenario have become necessary because the deal proposed by British Prime Minister Theresa May remains […]

Brexit gets European Union nod

Brussels: The European Union on Sunday approved the UK’s withdrawal agreement from the EU, its chief official Donald Tusk announced in Belgium leaving it upon the UK Parliament to consent to the deal facilitating Britain’s departure from the union. The UK Parliament is expected to vote on the deal in early December but its approval […]

EU dismisses Brexit summit in November, citing lack of progress

Brussels: The leaders of the 27 countries that will remain in the European Union (EU) after Britain’s withdrawal called off an extraordinary summit on the Brexit in November due to insufficient progress to organise the meeting. “For now, the 27 are not planning to organise an extraordinary summit on Brexit in November,” European sources said […]

London retains number one world city rank

London: London has retained its rank as the number one city in the world shrugging off Brexit worries, according to Global Power City Index (GPCI). The GPCI, published by the Mori Memorial Foundation, ranked London as number one for the sixth year in a row, highlighting the city’s strengths in, its cultural offer and transport links […]

IMF chief worried about Brexit uncertainty

Washington: IMF Managing Director Christine Lagarde has said the European Union and Britain need to show progress in talks on Britain’s exit from the European bloc to ease concerns about the effects of Brexit. “Brexit is an ongoing process and our hope is that it be conducted promptly to reduce the level of uncertainty and […]

Boris Johnson
Brussels could end-up paying Brexit bill: Boris Johnson

London: Brussels could end up having to pay UK a Brexit “divorce” bill because the Britain has contributed to so many EU assets, Foreign Secretary Boris Johnson said. In his first major interview of the election campaign, the Foreign Secretary told The Daily Telegraph on Friday that there were “very good arguments” to why Britain […]

goldman sachs
Brexit risk will stall London: Goldman Sachs

London: The chief executive of Goldman Sachs, the world’s second largest investment bank, has warned that London “will stall” because of the risks from Britain’s exit from the European Union (EU), the media reported on Friday. Lloyd Blankfein, in an interview with the BBC, said that his US-based firm which employs 6,500 people in the […]

Britain, EU at odds over 100 billion euro Brexit bill

London: Britain won’t pay a 100-billion euro ($109 billion) “divorce bill” to leave the EU, said Brexit Secretary David Davis on Wednesday, as the two sides clashed over the issue. He told ITV’s Good Morning Britain that the country would pay what was legally due, in line with its rights and obligations, but “not just […]