- World
- 2019-12-13 16:08:02Z
European leaders warned Friday that Britain could become a formidable rival, just hours after a big victory by Prime Minister Boris Johnson's conservatives all but sealed the UK's Brexit divorce. Led by France and Germany, EU member states said they would pursue a swift trade deal with a tight deadline of end 2020, but insisted that any new arrangement must uphold European values and norms. "There is no question of concluding a deal at any price," EU Council President Charles Michel told a news conference after the talks.
- World
- 2019-12-13 12:52:03Z
(Bloomberg) -- Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast.Boris Johnson's emphatic election victory puts the U.K. on course to leave the European Union next month, after pro-Brexit voters in Labour heartland areas swung behind his party.Johnson's Conservatives are set to enjoy their biggest majority since 1987 under Margaret Thatcher. The pound rose by the most in almost three years as the scale of the Tory victory became clear.Key Developments:With all but one seat declared, the Conservatives had taken 364 of the 650 seats in the House of Commons, a gain of 47, to Labour's 203 seats, down 59.Jeremy Corbyn says he will step down after Labour's worst...
- Business/Earnings
- 2019-12-13 03:53:29Z
After all the arguments and all the mass marches, opponents of Brexit faced a stark truth on Friday after Prime Minister Boris Johnson's election landslide: there will be no second referendum and divorce from Europe is inevitable. With the Conservatives set to win their largest parliamentary majority since 1987, Johnson will be able to push his divorce deal through parliament, allowing Britain to leave the EU next month. It will be Britain's most significant geopolitical move since World War Two.
- World
- 2019-12-13 00:56:19Z
(Bloomberg) -- Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast.Boris Johnson is on course to win a decisive victory in the U.K.'s general election, vindicating his gamble on an early vote and putting the country on track to leave the European Union next month. The pound rose.The official exit poll predicted the prime minister's Conservatives will win 368 of the 650 seats in the House of Commons -- a large overall majority of 86 seats. The main opposition Labour Party is projected to secure 191 seats, a loss of 71 since the previous election, with the Scottish National Party securing 55.If the forecast is borne out by results, Johnson's majority -- the...
- World
- 2019-12-12 23:49:38Z
Prime Minister Boris Johnson's ruling party appeared on course for a sweeping victory in Thursday's snap election, an exit poll showed, paving the way for Britain to leave the EU next month after years of political deadlock. The pound jumped by about two percent against the dollar on the projected results of what all sides had painted as the most momentous election in Britain in a generation. Johnson had campaigned relentlessly on the promise to "Get Brexit Done", vowing to end years of political turmoil over Britain's future that has weighed on the economy and sharply divided the nation.
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