Newsletter

Brexit

Stay on top of the latest Brexit news so you won’t miss a beat as the United Kingdom and the European Union prepare to separate and then implement those decisions. Learn about the effects on regulations, large industries, employment, immigration and the way these changes will impact how you go about your everyday life.

British PM Theresa May could be getting closer to a Brexit deal, with enthusiasm from the EU's Donald Tusk and Jean-Claude Juncker, but Downing St is reserved
A.I.A.’s vice president Steve Simchak: “...relationship between the U.S. and the U.K. may change significantly in the near future,”. Image shutterstock

The American Insurance Association joined the US-UK Financial and Related Professional Services Coalition to boost investing and trade discussions as Brexit approaches.
Anti-Brexit demonstrators wave Union and EU flags and hold up a placard mentioning Phillip Lee, a minister who resigned today after disagreeing with the government's handling of Brexit. REUTERS/Toby Melville

Dr. Phillip Lee and former education secretary Justine Greening said Tory MPs are in favor of a new pubic Brexit referendum after speaking at the People’s Vote event of the annual Conservative conference.
British farmers are worried about the impact of Brexit on the food situation in the country. REUTERS/Nigel Roddis

While exports of food and alcohol from the United Kingdom to the European Union are worth £13.2bn a year, Brexit could severely harm the farming exports in the next few months. 
May: "Once Great Britain leaves the E.U., it will become one of the most business-friendly economies in the world.”. Image: Angela Weiss/AFP/Pool via REUTERS

PM Theresa May spoke in the United States and pledged to lower British corporate taxes to become the lowest in the G20 in order to turn the country into a post-Brexit economic powerhouse.
Nathalie Loiseau: "Flight connections between the United Kingdom and France might be banned as well." Image: shutterstock.com

In the case of a hard Brexit, transportation should be heavily affected between the United Kingdom and France. Eurostar should be halted, according to Nathalie Loiseau. For both British and French politicians, the 20 year-old train line could become the unfortunate child of the Brexit divorce. 
BCC director general, Dr. Adam Marshall: “...the UK economy as a whole is set to grow at a snail’s pace”

The British Chambers of Commerce (BCC) director general, Dr. Adam Marshall, warned that by 2020, the UK economy will have had its second worst decade, mainly because of Brexit uncertainty.
Britain's Chancellor of the Exchequer Philip Hammond leaves 11 Downing Street in London. Image: REUTERS/Simon Dawson

Chancellor Philip Hammond said the UK would reject any “blind” Brexit deal offered by the EU and that he doesn’t know why Michel Barnier thinks they could come to an agreement soon.
Unilever headquarters in Rotterdam, Netherlands. Image: REUTERS/Piroschka van de Wouw

Unilever released a prospectus announcing its intentions to move its headquarters from the UK to The Netherlands, possibly leaving the FTSE 100, if shareholders approve the move in a vote.
“ I am willing to do whatever else I can in order to promote both a smooth Brexit and an effective transition.” Image: Reuters/Matt Dunham

Bank of England Governor Mark Carney has agreed to focus on a smooth Brexit for the British economy and remain at his position for a year longer than June 2018 when he had expected to step down.