Theresa May finally lost control of her Brexit departure plan as EU leaders agreed a delay after an underwhelming appeal for a three month delay from the prime minister in Brussels on Thursday.
Theresa May will write to European Council president Donald Tusk to request a delay to the Brexit deadline, Downing Street confirmed on Tuesday afternoon.
Theresa May cannot bring her Brexit deal back for a third 'meaningful vote', the House of Commons speaker ruled on Monday, sending the pound plummeting again.
Currency markets were pessimistic on Monday that Theresa May can pull a Brexit rabbit from the hat as she tries to bring sceptical backbenchers and Northern Ireland’s DUP round to supporting her exit deal.
Eurosceptic European Research Group brexiteer Steve Baker has said that he has plans to ensure the UK leaves the European Union on the original Brexit date, 29 March.
Chinese economic activity slowed down a tad more quickly than expected at the start of 2019, a batch of economic reports revealed, with economists emphasising the negatives in the latest figures.
European lawmakers have rejected proposals to launch trade talks with the United States.
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.
The Attorney General has stated that Theresa May’s tweaked withdrawal agreement has reduced the chances of the UK being caught permanently in the Irish backstop – but that the legal risk “remains unchanged”.
Theresa May “secured legally binding changes” to her Brexit deal during a hastily arranged trip to meet European Commission president Jean-Claude Juncker in Strasbourg on Monday night.
News that the Prime Minister might be headed to Strasbourg for a last-ditch attempt to win concessions from Brussels saw skittish FX traders forced into pushing the pound higher.
Sterling wobbled but recovered on Monday as reports emerged from Westminster that Theresa May was poised to pull the 'meaningful vote' on her Brexit deal.
The European Central Bank has unexpectedly gone ahead and unveiled a new round of cheap loans for the bloc's lenders and pushed back its so-called 'forward guidance', taking the possibility of interest rate hikes in 2019 off the table.
A majority of British consumers do not know what cryptocurrencies are – and those who are buying the digital assets do not fully understand what they purchasing, according to Financial Conduct Authority.
Sterling finished the session flat against the other majors, with traders apparently choosing to stay on the sidelines ahead of the two main risk events of the week: the European Central Bank's policy meeting on Thursday and US non-farm payrolls figures on Friday.
Theresa May's government does not expect to reach a deal with the European Union negotiators before the weekend, according to reports from Brussels on Tuesday afternoon.
Sterling finished the session little changed as traders continued trying to anticipate what the end-game of the whole Bexit process would end up being.
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.
Sterling jumped on Tuesday, amid conflicting reports regarding the death of the so-called 'Malthouse Compromise' which called for the Irish backstop to be renegotiated or, failing that, for an orderly 'no deal' withdrawal.