EU's Barnier said Brexit treaty text almost ready – FT

LONDON, Nov 12 (Reuters) – The European Union’s chief Brexit negotiator has said the main elements of an exit treaty text are ready to present to the British cabinet on Tuesday, the Financial Times reported, citing unidentified diplomats briefed on the discussions. Michel Barnier told ministers from the EU’s remaining 27 member states that “the parameters of a possible agreement […]

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PRESS DIGEST- British Business – Nov 12

Nov 12 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times British technology ‘unicorns’ Revolut and Oaknorth have held talks with the Softbank Group Corp’s Vision Fund about a potential investment at their next fundraising. bit.ly/2FtvtsD Britain needs more […]

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Four UK ministers on verge of quitting, EU rejects latest plan-Sunday Times

LONDON, Nov 10 (Reuters) – Four British ministers who back remaining in the European Union are on the verge of quitting Prime Minister Theresa May’s government over Brexit, the Sunday Times reported. The newspaper also said that the European Union had rejected May’s plan for an independent mechanism to oversee Britain’s departure from any temporary customs arrangement it agrees. Brexiteers […]

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Brexit deal to be published next week, draft timetable cited by Times reporter

LONDON, Nov 8 (Reuters) – The United Kingdom’s Brexit deal with the European Union will be published on Tuesday after the cabinet reviews the deal on Monday, according to a draft timetable being discussed in London, the deputy political editor for The Times said. “Under one draft timetable discussed in Whitehall today: Cabinet likely Monday,” Sam Coates said. Brexit Secretary […]

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PRESS DIGEST- British Business – Nov 8

Nov 8 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Redrow founder Steve Morgan plans to leave at the end of March and will be succeeded as executive chairman by John Tutte, the company’s group chief executive. bit.ly/2yVy2xx […]

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UK sports minister resigns in protest at gambling reform 'delay'

LONDON (Reuters) – British sports minister Tracey Crouch resigned from government on Thursday, accusing it of delaying a proposed reform of gambling regulations. The government is to cut the maximum stake on fixed-odds betting terminals (FOBTs) from 100 pounds ($130) to just two pounds, but announced this week the reduction would not take effect until next October. The move came […]

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