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Brexit
31 Jul
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UK car production plunges 20% in first half of 2019 due to Brexit uncertainty

UK car production fell for a 13th consecutive month in June new data showed, with companies left holding a £330m 'no deal' mitigation bill.

31 Jul
howdens joinery tritax
Berenberg ups target price on Howden Joinery, reiterates 'hold'

Analysts at Berenberg upped their target price on kitchen outfitter Howden Joinery from 490p to 520p on Wednesday following the firm's "good" first-half results published during the preceding week.

31 Jul
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US Congress to block trade deal with UK if Irish peace compromised

American congressmen and diplomats warned that it would block any US-UK trade deal after Brexit if the divorce with the European Union affected the Irish border, putting the peace in Northern Ireland at risk.

30 Jul
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UK to attempt to negotiate new Brexit deal with EU

UK Prime Minister Boris Johnson will press the European Union in an attempt to negotiate a new Brexit deal before 31 October his office said on Tuesday.

29 Jul
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Vauxhall considers moving Astra production out of Britain

Vauxhall owner PSA said on Monday that it could move Astra production out of the Ellesmere Port factory in the UK if its profits are hurt by Brexit.

25 Jul
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Barnier hits back at Johnson's attempts to split EU27 on Brexit deal

The EU's Brexit negotiator on Thursday accused UK Prime Minister Boris Johnson of attempting to split the blocs remaining 27 states by threatening a no-deal departure if the Irish backstop was not removed.

24 Jul
sajid javid
Javid appointed UK finance minister in Johnson's brutal reshuffle

Sajid Javid was appointed Britain's new finance minister on Wednesday as Boris Johnson sacked half the Cabinet and installed one of the most right wing administrations in decades.

24 Jul
Boris Johnson becomes UK PM with pledge to deliver Oct 31 Brexit

Boris Johnson took over from Theresa May as prime minister on Wednesday and swiftly pledged to deliver Brexit on October 31 with or without a deal.

24 Jul
philip hammond, chancellor
UK's Hammond quits as finance minister

Britain's Finance Minister Philip Hammond quit his post on Wednesday as expected, and before Boris Johnson arrival at Downing Street as prime minister.

24 Jul
IMF lowers global growth forecasts on trade, Brexit concerns

The International Monetary Fund (IMF) cut growth forecasts for the global economy for this year and next as it warned that an escalation of the China-US trade war or a hard Brexit could harm it further.

24 Jul
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Boris Johnson elected Conservative Party leader; will become new PM

Boris Johnson was on Tuesday elected leader of the Conservative Party and as a result will become prime minister, replacing Theresa May.

22 Jul
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Next PM must 'act fast' to get UK economy on track, says CBI

The Confederation of British Industry has urged the next Prime Minister to "act fast" to get the stalled economy back on the path of growth in a business manifesto released on Monday.

22 Jul
UK's Alan Duncan quits as Foreign Office minister

UK Foreign Office minister Alan Duncan resigned on Monday before the probable installation of Boris Johnson as prime minister, joining other senior government members who said they would not serve under the leadership favourite.

22 Jul
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UK may already be in recession as Brexit crisis continues - NIESR

The Brexit crisis may have tipped Britain into a recession, a report by a leading think tank stated on Monday.

19 Jul
philip hammond, chancellor
Hammond refuses to rule out backing no-confidence vote over Brexit

UK Finance Minister Philip Hammond effectively declared war on Boris Johnson on Friday, when he refused to rule out supporting a no-confidence motion if the Tory leadership favourite became prime minister.

18 Jul
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UK MPs pass amendment to stop parliament Brexit shutdown

British MPs on Thursday approved an amendment aimed at stopping the suspension of parliament to force through a no-deal Brexit.

18 Jul
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Barnier says UK will 'face consequences' of no-deal Brexit as OBR warns of recession

Britain would have to “face the consequences” of a no-deal Brexit, said European Union chief negotiator Michel Barnier.

17 Jul
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UK households' incomes squeezed to 1990s recession levels

Households in the UK have seen their incomes squeezed more in recent years than during the 1990s recession, reported the Resolution Foundation on Wednesday.

16 Jul
Von der Leyen would consider Brexit extension if 'good reason' given

European Commission presidency candidate Ursula von der Leyen on Tuesday said she would consider a Brexit extension beyond October 31 if it was required.

15 Jul
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US trade deal post-Brext could take longer than some hope, says Fox

A post-Brexit trade deal with the US would take longer than people expected due to the crossover of federal and state jurisdictions and the upcoming presidential election, said International Trade Secretary Liam Fox.