Sterling lifted by report that Britain will delay Brexit date

LONDON (Reuters) – The pound jumped on Friday on growing expectations that Britain will seek to delay its scheduled departure date from the European Union. A denial by Prime Minister Theresa May’s spokeswoman of a newspaper report knocked sterling off highs but it remained up on the day, with analysts citing a growing sense among some investors that Britain will […]

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AXA to move staff to Ireland from UK and France in light of Brexit

PARIS (Reuters) – French insurer AXA (AXAF.PA) will move staff over to Ireland from France and the United Kingdom, in light of Britain’s plans to leave the European Union. Chief Executive Thomas Buberl told reporters on Thursday that AXA’s recently-acquired XL division had already initiated the plans to move staff to Ireland, before its eventual takeover by AXA. “Since the […]

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PRESS DIGEST- Financial Times – Jan 10

Jan 10 (Reuters) – The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Ford and Volkswagen to forge deeper alliance on.ft.com/2RAffCL Brexit uncertainty ‘really unbearable’, says Airbus chief on.ft.com/2REj5dV Banks back Saudi bond issue after Khashoggi death on.ft.com/2RIilVa Overview Ford Motor Co and Volkswagen AG […]

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Brexit backstop role for Northern Ireland parliament 'meaningless' – DUP

BELFAST, Jan 9 (Reuters) – A proposal to give a role to the Northern Ireland assembly on the future imposition of EU rules on the region under Britain’s Brexit deal is “meaningless”, the party that props up Prime Minister Theresa May’s government said on Wednesday. “The proposal to ensure ‘a strong role for the Northern Ireland Assembly’ before NI specific […]

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