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Simon Kennedy

May to Reboot Brexit Plan by Requesting Transition Period

U.K. Prime Minister Theresa May will reboot her Brexit strategy on Friday by proposing a period of transition after the split with the European Union even if that means continuing to send money to Brussels and observing its rules until 2021.

Johnson Faces Backlash as MPs Seek Ouster for Brexit Article

U.K. lawmakers called for Foreign Secretary Boris Johnson to be fired after he threw himself back into the Brexit debate with a newspaper article that was seen as undercutting Prime Minister Theresa May days before she is set to refresh her own strategy for the split.

London Pro-EU Rally Keeps Brexit Debate Alive

Demonstrators opposed to Britain’s departure from the European Union took to London’s streets by the thousands on Saturday, seeking to add pressure on a government under attack over its Brexit plan.

Britain’s Not-So-Sweet Options for an EU Trade Deal

"Our policy is having our cake and eating it," British Foreign Secretary Boris Johnson declared in 2016. By that he meant the U.K. could strike a Brexit deal that freed it from the rules and responsibilities of European Union membership, but maintained free and frictionless trade with its biggest trading partner. Such ambition was always fanciful, but as Johnson returns to the Brexit debate there is an argument raging within government over what the U.K.’s long-term trade lines with the EU shoul

U.K.'s Fox Acknowledges Hard to Strike EU Trade Deal by 2019

Trade Secretary Liam Fox acknowledged it will be a stretch for Britain to negotiate a new trading relationship with the European Union by the time of their 2019 divorce in another sign that the U.K. government will seek a post-Brexit transitional period.

Explaining Brexit’s Costs and Whether Britain Will Pay Up

European Commission President Jean-Claude Juncker has promised it will be “hefty." British Foreign Secretary Boris Johnson said Europe can "go whistle" if it expects the U.K. to pay it. It’s the itemized bill the European Union wants to deliver to the U.K. when Prime Minister Theresa May’s government carries out its plan to leave the bloc. The total charge could reach 60 billion to 80 billion euros ($67 billion to $90 billion), according to European leaders, which would be more than the annual B

U.K.'s May Unveils Brexit Repeal Bill as Opposition Mounts

Theresa May unveiled the landmark law that will remove Britain from the European Union, setting up clashes with opposition parties and the Scottish government that will prove the prime minister’s biggest tests since her Conservative Party lost its parliamentary majority.

EU Warns of Brexit Frictions in Blow to Softer U.K. Stance

European Union Brexit negotiator Michel Barnier signaled that even a partial withdrawal from the bloc will have consequences on the U.K.’s ability to interact with the EU and that a “frictionless” trade relationship isn’t feasible.

May to Detail U.K. Plan for EU Citizens as Davis Vows Fight

Prime Minister Theresa May is to pad out her plan for safeguarding the rights of EU citizens living in the U.K. beyond Brexit after continental leaders criticized Britain’s initial proposal and her government braced to defend a key part of it.

Will Brexit Now Be Hard, Soft or Scrambled?: QuickTake Q&A

A year since Britain voted to leave the European Union, the debate over how that will work is again in the air after the June 8 election stripped U.K. Prime Minister Theresa May’s Conservative Party of its overall control of Parliament. Suspicion that voters turned against her original plan -- plus doubt that enough lawmakers would now support it -- is forcing her into a rethink just as already complex negotiations with the EU are to begin.

Why Brexit Debate Is Making Return Trip to Norway: QuickTake Q&A

U.K. Prime Minister Theresa May used to say she wanted a customized, "bespoke" trading relationship for Britain once it leaves the European Union. That was before she, and her negotiating hand, were weakened by the results of a snap election that backfired. Now May might have to soften her approach to Brexit by agreeing to maintain more ties to the EU’s trading bloc than she previously anticipated. If a bespoke deal is now a stretch, Norway’s relationship with the EU might be back on the table a

The U.K. Faces a Hung Parliament. What Happens Now?

Britain is getting a hung Parliament, forcing a battered Conservative Party to seek an alliance with the Democratic Unionist Party in a bid to hang on to power just as Brexit negotiations loom. It’s not clear how long Prime Minister Theresa May can stay in office or how it will affect the terms of the U.K.’s divorce from the European Union.

Here’s What Corbyn’s Labour Is Proposing for Britain

With less than two weeks to go to the U.K. general election, polls indicate the opposition Labour Party is creeping up on the Conservatives. While incumbent Prime Minister Theresa May is still the clear favorite, an upset would bring to power a government that wants to nationalize industries and re-write decades of foreign policy.

U.K.'s Brexit Bill Could Be as Low as $6.5 Billion, Study Says

The U.K. may have to pay as little as 5 billion pounds ($6.5 billion) or no more than 30 billion pounds to leave the European Union, according to a study by the country’s chartered accountancy industry that’s sure to thrill Prime Minister Theresa May’s government.

Brexit's Costs and Whether Britain Will Pay Up: QuickTake Q&A

European Commission President Jean-Claude Juncker said it will be “hefty." British Trade Secretary Liam Fox called the notion of it “absurd.” It’s the bill that the European Union wants to impose on the U.K. when Prime Minister Theresa May’s government carries out its plan to leave the bloc. The charge, according to European leaders, could be 60 billion to 80 billion euros ($67 billion to $90 billion), which is more than the British defense budget. The topic figures to be one of the early flash

Balance of Power: Brexit Plotting

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What Comes Next After U.K. Triggers Brexit Talks: QuickTake Q&A

Nine months after Britain voted to leave the European Union, Prime Minister Theresa May plans to open divorce proceedings on March 29. The negotiations could turn “vicious,” according to Irish Prime Minister Enda Kenny. European Commission President Jean-Claude Juncker says they will be “very, very, very difficult.” Both the EU and the U.K. will have to determine what is and isn’t negotiable.

What Comes Next After May Starts Brexit March 29: QuickTake Q&A

Nine months after Britain voted to leave the European Union, Prime Minister Theresa May is planning to open divorce proceedings on March 29. The negotiations could turn “vicious,” according to Irish Prime Minister Enda Kenny. European Commission President Jean-Claude Juncker says they will be “very, very, very difficult.” Both the EU and the U.K. will have to determine what is and isn’t negotiable.

Brexit's Costs and Whether Britain Will Pay Up: QuickTake Q&A

European Commission President Jean-Claude Juncker said it will be “hefty." British Trade Secretary Liam Fox called the notion of it “absurd.” It’s the bill that the European Union reportedly wants to impose on the U.K. when Prime Minister Theresa May’s government carries out its plan to leave the bloc. The charge could be about 50 billion pounds ($62 billion), more than the British defense budget, according to Juncker. The topic figures to be one of the early flash points and tone-setters in the

Davos Cocktail Circuit Hums With Trump Optimism After Day One

The first day of the World Economic Forum’s annual gathering was dominated by the long shadow of President-elect Donald Trump,  Chinese leader Xi Jinping’s first visit to the event and, naturally, the evening cocktail party circuit. Among a host of panels on Day Two, the Davos crowd will listen to Christine Lagarde talking about the rise of populism and Sheryl Sandberg discussing the power of optimism. Here’s a quick guide to what we’ve learned so far from Davos 2017.