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Theresa May lost control of the Brexit departure date on Thursday as EU leaders agreed a short postponement despite an appeal for a three month delay from the British prime minister.
UK Prime Minister Theresa May infuriated MPs when she blamed them for the delay to Brexit in a blatant and risky attempt to turn public opinion against parliament.
MPs voted on Thursday to delay Britain's exit from the European Union for at least three months in another night of chaotic scenes at Westminster.
UK MPs defied Theresa May and voted to rule out a no-deal Brexit on Wednesday in dramatic scenes, sending the pound climbing higher on Wednesday night.
British MPs sank Theresa May's Brexit deal for a second time by an emphatic 149 votes as the prime minister conceded to a free vote on Wednesday on whether the UK should leave the European Union without a deal.
Reactions from business lobby groups to the latest parliamentary defeat for Prime Minister Theresa May's Brexit Withdrawal Agreement proposal.
Full year pre-tax losses widened at Capital & Counties Properties to £119. 3m from £62. 5m as both net asset value and net rental income came in lower on the back of Brexit worries.
Wealth manager St James’s Place (SJP) on Wednesday said full year operating profits rose 9% to £1bn but warned of moderate growth in fund flows due to global economic uncertainty.
Anglo-Australian mining giant Rio Tinto rewarded shareholders on Wednesday with a bumper special dividend worth a total $4bn as part of $7bn payout.
Full year pre-tax profits at engineering group Weir rose 22% to £310m as orders increased 15% on a like-for-like basis to £2. 5bn.
UK Prime Minister Theresa May said on Tuesday that if her Brexit deal is defeated in parliament next month, she will give MPs two further votes to decide what to do next.
Full year pre-tax profits at Morgan Advanced Materials fell as the company reported exceptional charges after closing businesses in Brazil, Venezuela and China.
Shares in UK building materials retailer Travis Perkins soared in early trade as adjusted pre-tax profits came in above forecasts.
Marine services company James Fisher said full year pre-tax profits rose 17% to £55m due to solid performances from its marine support unit and growth in services provided to the UK renewables industry.
UK engineering firm Babcock said it would take a one-off £10m tax hit and annual £10m charge on its European aerial firefighting business as a result of Brexit.
Pressure increased on Theresa May to delay Brexit after she announced over the weekend that MPs would not get a meaningful vote on her deal until March 12, two weeks before Britain is due to leave the European Union.
Troubled UK shopping centre operator Hammerson said it was looking to sell at least £500m in assets to cut debt as it struck a deal with activist shareholder Elliott Advisors.
Oil services company Weir Group on Monday said it was selling its flow control division to private equity firm First Reserve for £275m in cash.
Distribution group Bunzl said it was stockpiling goods to mitigate against border delays if the UK crashed out of the European Union without a deal as it reported a rise in full year pre-tax profits.
Three members of Theresa May's Cabinet said they were ready to force a delay to Brexit in order to prevent a damaging no-deal scenario.