Tag: Brexit

President Donald Trump and Prime Minister Theresa May hold a press conference after a contentious NATO meeting in Brussels, Belgium, and after Trump criticized May over Brexit in an interview with British tabloid The Sun.

Former UK Independence Party leader reacts to the president's comments on Prime Minister Theresa May. FOX News Channel (FNC) is a 24-hour all-encompassing news service dedicated to delivering breaking news as well as political and business news. The number one…

Watch live at 8:45 a.m. EST. United Kingdom's Prime Minister Theresa May and President Donald Trump hold a joint press conference in Buckinghamshire, England. FOX News Channel (FNC) is a 24-hour all-encompassing news service dedicated to delivering breaking news as…

The publication of Theresa May's new Brexit plan descended into chaos when speaker John Bercow had to suspend the Commons to allow MPs to see copies of the white paper. Labour described it as an "utter shambles" that MPs were unable to read the 98-page document until Brexit secretary Dominic Raab appeared to give a statement on the plans, which could allow some EU migrants preferable treatment as part of future trade deals. It comes as Tory rebels ramped up pressure on Ms May to scrap her new Brexit plan, which has already caused the resignations of Boris Johnson and David Davis, as well as several other Tory Eurosceptics. In a show of strength, Eurosceptic backbencher Jacob Rees-Mogg and allies have tabled a string of amendments to the government’s trade and customs bill, raising the threat of Commons defeats on Monday. Meanwhile, Donald Trump was due to face major protests after he arrived in the UK for his much-anticipated working visit. See below for live updates Live Updates

Piers Morgan explains on 'The Story' how he feels both Donald Trump and Barack Obama have been mischaracterized. FOX News Channel (FNC) is a 24-hour all-encompassing news service dedicated to delivering breaking news as well as political and business news.…

President Trump criticizes British Prime Minister May's handling of Brexit; Tom Rogan of the Washington Examiner shares insight on 'The Story.' FOX News Channel (FNC) is a 24-hour all-encompassing news service dedicated to delivering breaking news as well as political…

As President Trump prepares to visit the U.K., Nigel Farage shares insight on 'The Story with Martha MacCallum.' FOX News Channel (FNC) is a 24-hour all-encompassing news service dedicated to delivering breaking news as well as political and business news.…

Political turmoil fanned by Brexit may be the last hurdle for a Bank of England interest-rate increase in August. With the U.K. economy bouncing back and consumers willing to spend again amid good weather and World Cup fever, politics is the big unknown three weeks before Governor Mark Carney and fellow officials announce their next policy decision. For now, investors are betting on a quarter-point hike. Prime Minister Theresa May appears to have survived the loss of two high profile ministers this week, but anger within the Conservative Party over Brexit is keeping alive the prospect of a leadership challenge or general election. Two more Tories quit their party roles on Tuesday, while some euroskeptics are said to be considering a radical last ditch move that could bring down her minority government later this year. While the central bank has always said Brexit may restrain the U.K. economy, it has thus far seemed prepared to push ahead with tightening as the nation thrashes out a deal with the European Union. “If the current political chaos affects negotiations, I’d expect the BOE to be pretty worried,” said Victoria Clarke, an economist at Investec in London. “Why did Davis and Johnson resign in the first place? In June 2017 the BOE’s chief economist Andy Haldane, one of the three officials currently pushing for higher rates, said that year’s surprise election had “thrown up a dust-cloud of uncertainty,” and that he didn’t “think adding a twist or a turn from monetary policy would, in this environment, be especially helpful in building confidence.” What Our Economists Say: “Unlike the run up to the May meeting, the data has been strong enough to justify hiking. Policy makers reversed that rate cut in November last year, raising interest rates to 0.5 percent in the first hike in more than a decade.

Anti-Trump protests in UK endanger Americans. Nile Gardiner of the Heritage Foundation weighs in on 'Tucker Carlson Tonight'. FOX News Channel (FNC) is a 24-hour all-encompassing news service dedicated to delivering breaking news as well as political and business news.…

In his letter resigning as foreign secretary, he said the prime minister was leading the UK into a "semi-Brexit" with the "status of a colony". His resignation came hours after Brexit Secretary David Davis quit the cabinet. She said the deal agreed by the cabinet after their "productive discussions" at Chequers would "honour the result of the referendum" and allow the UK to "take back control of our borders, our law and our money". Boris Johnson's resignation letter in full The PM's response to Johnson In her letter accepting his resignation, the prime minister said she had allowed cabinet ministers "considerable latitude to express their individual views" on Brexit. The UK is due to leave the European Union on 29 March 2019, but the two sides have yet to agree how trade will work between the UK and the EU afterwards. Mrs May only has a majority in Parliament with the support of the 10 MPs from Northern Ireland's Democratic Unionist Party, so any split raises questions about whether her plan could survive a Commons vote. Theresa May is sticking by her Brexit plan Speaking in a boisterous House of Commons, Mrs May defended the Brexit plan agreed on Friday, which would see the UK agreeing a "common rulebook" with the EU for trading in goods, but not services, after Brexit. Report Brussels fears UK turmoil may lead to no-deal Brexit What does it all mean for Brexit? One other element of Friday's agreement worth noting is that it pledged to speed up preparations for the UK to be ready to leave the EU without a Brexit deal in March next year. He backed Mr Johnson, saying the former foreign secretary had the chance to "save Brexit" by moving against the prime minister.