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  • The pound is tanking as Theresa May's speech deepens Brexit crisis

    26 days ago - By Chron

    WPA Pool/Getty
    The pound dived as Theresa May delivered a speech signalling the UK is moving closer to a hard Brexit.
    The pound was down as much as 1.4% against the dollar as the speech progressed.
    "I will not overturn the result of the referendum, nor will I break up my country," May said in a speech at Number 10 Downing Street.
    LONDON - The pound dropped sharply on Friday afternoon after British Prime Minister Theresa May said that the UK and EU have reached an impasse in Brexit negotiations, and accused the European Union of a lack of respect.
    "I will not overturn the result of the...
    Read more ...

     

  • Theresa May warns that Brexit talks are 'at an impasse' and says UK must prepare for no deal

    26 days ago - By Chron

    Reuters / Leonhard Foeger
    Theresa May warns that Brexit talks are deadlocked.
    The Prime Minister says she will not accept EU proposals on the Northern Ireland border.
    She accuses the EU of failing to show the UK respect.
    She says Britain will now step up its preparations for walking away without a deal.
    LONDON - Brexit talks are "at an impasse" and the UK must step up its preparations for leaving the EU without a deal, Prime Minister Theresa May warned today.
    In a dramatic statement in Downing Street, May accused the EU of failing to show Britain "respect" in negotiations, following a day...
    Read more ...

     

  • The pound is tanking as May speech deepens Brexit crisis

    The pound is tanking as May speech deepens Brexit crisis

    26 days ago - By Business Insider

    The pound dives as Theresa May delivers speech that pushes the UK closer to a hard Brexit.
    Pound dollar exchange rate drops more than 1.4% as speech progresses.
    "I will note overturn the result of the referendum, nor will I break up my country," May said in a speech at Number 10 Downing Street.
    LONDON - The pound has dropped sharply on Friday afternoon after British Prime Minister Theresa May used a speech to say that the UK and EU have reached an impasse in Brexit negotiations and accuse the European Union of a lack of respect during recent talks.
    "I will note overturn the result of the...
    Read more ...

     

  • Theresa May warns that Brexit talks are 'at an impasse' and says UK must prepare for no deal

    Theresa May warns that Brexit talks are 'at an impasse' and says UK must prepare for no deal

    26 days ago - By Business Insider

    Theresa May warns that Brexit talks are deadlocked.
    The Prime Minister says she will not accept EU proposals on the Northern Ireland border.
    She accuses the EU of failing to show the UK respect.
    She says Britain will now step up it's preparations for walking out without a deal.
    LONDON - Brexit talks are now "at an impasse," and the UK must step up its preparations for leaving the EU without a deal, Prime Minister Theresa May warned today.
    In a dramatic statement in Downing Street, May accused the EU of failing to show Britain "respect" in negotiations, following a day in which EU leaders...
    Read more ...