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Here's the theory that the government could be forced into a 'Soft Brexit'
LONDON — Ever since Prime Minister Theresa May delivered her Brexit speech in January, it has been pretty much taken as a given that Britain is headed for a "hard Brexit"— with European Single Market...
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Germany's businesses fear a 'Hard Brexit' would damage both sides
LONDON — An industry spokesman for Germany's small and medium-sized businesses (SMEs) believes that a "hard" Brexit which pulls Britain out of the single market "would harm both sides."BVMW President...
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The EU wants Britain to pay a high price for a Brexit transition deal
Member countries of the European Union are about to sign European Council president Donald Tusk's strict set of guidelines that detail how the bloc will approach negotiations with Britain over its...
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The EU wants to defy May's 'Hard Brexit' immigration plan by giving EU...
The European Union is going to push for workers from the 28-nation bloc in Britain to get the best of both worlds when the UK leaves the EU on March 26, 2019.The EU's chief negotiator Michel Barnier...
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The 'best guess' for the Brexit divorce bill is 'somewhere around the €30...
LONDON — It is really difficult to accurately calculate how much Britain will be forced to pay the European Union once it leaves the bloc but the "best guess" for a total amount is "somewhere around...
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Glide path, cliff hanger, and cliff edge: Take a look at 3 of the most likely...
LONDON — Before last week's general election, it seemed fairly obvious that Prime Minister Theresa May was only considering one type of Brexit — a hard exit including tightly controlled immigration but...
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Britain's Chancellor is about to deliver a major hammer blow to May's 'Hard...
LONDON — Chancellor Philip Hammond is set to deliver a heavy blow to Prime Minister Theresa May's push for a "hard Brexit"— Britain leaving the European Union without access to the Single Market in...
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'We are not turning inwards': Britain's Chancellor undermines Theresa May's...
LONDON — Chancellor Philip Hammond on Tuesday made the case for a "soft Brexit" in a speech to City grandees, undermining Prime Minister Theresa May's repeated calls for a "hard Brexit."The Prime...
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A Hard Brexit could cost banks €15 billion in restructuring and execs are...
LONDON — Restructuring operations around a hard Brexit could cost UK banks €15 billion (£13.1 billion) and add €40 billion (£35 billion) to tier one capital requirements, according to a new report.A...
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A hard Brexit will hit Britain's GDP twice as hard as the EU's, economists warn
A hard Brexit could cause twice as many job losses in the EU as in the UK, economists based in Brussels have warned.Up to 1.2 million jobs could be lost in the European Union, with up to 526,000 being...
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ANALYSTS: The pound could drop almost 20% further in a 'no deal' Brexit scenario
LONDON – The most noticeable economic impact of Brexit on the average Brit in the past year has been the monumental drop in the value of the pound since the vote.Holidays have become more expensive and...
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A no-deal Brexit could cost the UK economy £105 billion
Leaving the EU without a deal could cost the UK economy $140 billion 10 years after Brexit, according to a new report by the RAND Corporation.The best case scenario would be a trilateral UK-EU-UK deal,...
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This chart shows the European countries most economically at risk from a hard...
Brexit will inevitably have an impact on economies in Europe outside the UK.A "group of economic geographers" used complex datasets to try and map the potential impacts Brexit could have on the EU-27...
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A 'hard Brexit' could cost the EU £99 billion by 2020
A no-deal "hard" Brexit would cost the remaining 27 EU countries £99.5 billion ($137 billion) in lost trade and output by 2020, according to UK research group Oxford Economics.The UK would still likely...
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Jaguar Land Rover says 40,000 UK jobs and £80 billion of investment are...
Jaguar Land Rover CEO says a hard Brexit would cost it £1.2 billion in profit a year and force it to reconsider its presence in the UK.The carmaker is calling for clarity and certainty about Britain's...
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Analysts can't agree whether Britain is heading for a 'BINO' Brexit or a...
The City of London is torn over what kind of Brexit deal Britain will end up with.Some analysts believe that the UK is headed for a disorderly, no-deal Brexit.Others think Prime Minister Theresa May...
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The London Stock Exchange is triggering its no deal Brexit contingency plan
London Stock Exchange is triggering it contingency planning around a no deal Brexit."The Group is executing contingency plans to maintain continuity of market function and customer service in the event...
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A no-deal Brexit could prevent disease control and leave hospitals with drugs...
The UK could be adversely affected by Brexit from "day one," according to a leaked letter from health chief Chris Hopson.Hopson, chief executive of NHS Providers, claimed that disease control could...
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Cadbury is 'preparing for a hard Brexit' by stockpiling chocolates and biscuits
Mondelez Europe President tells The Times that it is stockpiling ingredients, chocolates, and biscuits in the UK in preparation for a no deal Brexit.Mondelez owns Cadbury chocolate, as well as brands...
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JPMorgan and Citi say just hundreds of jobs will leave London due to Brexit —...
Executives from JPMorgan, Citi, and Barclays Ireland gave evidence to UK MPs on Tuesday about the impact of Brexit on their industry.All three said their banks expect just hundreds of roles to be moved...
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