The United Kingdom may need a transitional agreement to smooth its exit from the European Union but it should not "buy back" into too many of the bloc's regulations, British trade minister Liam Fox said on Sunday (18 December).
Britain's former prime minister David Cameron resigned his seat in the House of Commons yesterday (12 September), less than three months after losing an EU referendum in which he had campaigned to stay in the bloc.
German Finance Minister Wolfgang Schäuble warned on Wednesday (6 July) of an EU-wide tax war, with states cutting their corporate tax rates, in the wake of Brexit and the UK’s announcement it will cut rates to 15%.
The UK’s tumultuous vote to leave the EU saw another party leader resign on Monday (4th July), as UKIP’s leader Nigel Farage announced he was stepping down, declaring “my political ambition has been achieved.”
British finance minister George Osborne plans to slash corporation tax to under 15 percent to tempt businesses to stay following the country's shock vote to leave the European Union, the Financial Times reported Sunday (3 July).
Finance minister George Osborne, who ruled himself out of the race to be Britain's next premier Tuesday (28 June), played a key role in warning against Brexit, heading a campaign rivals dubbed "Project Fear".
Britain's vote to leave the European Union continued to reverberate through financial markets, with the pound falling to its lowest level in 31 years, despite government attempts to relieve some of the confusion about the political and economic outlook.
Britain and Brussels were waking up early Friday to the likelihood of a Brexit, as UK voters appeared to have voted to leave the 28-member bloc, in a move which threw the future of both into a period of unpredcedented uncertainty.
A Brexit fishing flotilla sailed up the River Thames yesterday (15 June) ahead of next week's knife-edge referendum over EU membership as Germany warned a British departure could start Europe's "disintegration".
Former London mayor Boris Johnson's comparing the EU to Adolf Hitler highlights how Britain's in/out referendum campaign is growing increasingly bitter, with six weeks to go and polls suggesting a dead heat, experts said yesterday (16 May).
Britain's exit from the European Union could see its economy shrink by six percent by 2030 and cause "permanent" economic damage, the country's finance ministry will say in an analysis due out on Monday, according to media reports.
The mayors of 20 European cities including Madrid, Paris and Copenhagen, but excluding London, have called for more stringent regulations to be put in place across the continent to tackle the deadly levels of air pollution caused by diesel vehicles. EURACTIV’s partner edie.net reports.
A potential British exit from the European Union would be a "shock" that ranks among rising downside risks and vulnerabilities for the world economy, G20 finance ministers said Saturday (27 February) after a meeting in China.
European Commission President Jean-Claude Juncker said on Friday (15 December) that he was "quite sure" the EU and Britain would reach a deal at February’s summit on London’s renegotiation demands to stay in the bloc.
A referendum on whether Britain should leave the European Union would create economic uncertainty, IMF chief Christine Lagarde said in a report Friday, adding she hoped the country would remain in the bloc.
The British Prime Minister David Cameron will table his four key demands for the UK’s continued membership of the EU on Tuesday (10 November), in make-or-break negotiations which will see the country vote on whether to stay or leave the bloc by the end of 2017.
British Chancellor George Osborne took the UK’s argument for a renegotiated relationship between his country and the EU to the capital of the continent’s strongest economy on Tuesday – promising to back a stronger eurozone if London’s conditions were met.
Britain cannot give up any more sovereignty to the European Union and must have legal safeguards to make sure members of the euro zone monetary bloc do not damage British interests, Chancellor of the Excheque George Osborne will say during a visit to Germany today (3 November).
Jeremy Corbyn and George Osborne have combined to remind Europe that London is now fully embarked on a turbulent, quickfire negotiation with Brussels that may see Britons vote next year to quit the European Union.
The eurozone's rulebook and its anti-crisis mechanisms have been bolstered since the sovereign debt crisis hit Europe at the end of 2009. But serious risks still loom large, as growth potential remains low and the bloc's governance framework is “not fit for purpose”, Benoît Cœuré said after a meeting of EU finance ministers this weekend (12 September).
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