British companies spent more on marketing in the opening quarter of 2019 despite uncertainty around Brexit, but their budgets for the rest of the year could be the most subdued since after the financial crisis, a survey showed.
British workers’ pay grew at its joint fastest pace in over a decade, fueled by further job creation, adding to suggestions that Brexit uncertainty is prompting firms to hire workers rather than make longer-term investment in equipment.
British Prime Minister Theresa May has defended her decision to delay Brexit, though admitting it has created a “huge frustration” among many people in the UK, as some members of her own party repeating their call for her to resign.
British Prime Minister Theresa May wrote to European Council President Donald Tusk on Friday asking for a delay of Brexit until up to June 30, but said she aims to get Britain out of the EU earlier to avoid it participating in European elections.
British Prime Minister Theresa May asked the European Union on Friday to delay Britain's departure from the bloc until June 30, with the extension ending earlier if parliament approves her Brexit deal.
The European Union has told Britain that another short delay to the deadline imposed on the country for leaving the bloc would not be possible as US authorities keep recommending a clean break on April 12 that would help spur trade talks between London and Washington.
British Prime Minister Theresa May will meet opposition leader Jeremy Corbyn on Wednesday to thrash out a Brexit compromise, a gamble that could finally see a European Union divorce deal agreed but also tear her party apart.
European Commission President Jean-Claude Juncker has warned that the European Union (EU) is “running out” of patience with the United Kingdom over Brexit, days after a withdrawal deal put forward by embattled British Prime Minister Theresa May suffered a third defeat in the country’s parliament.