One swallow doesn’t make a summer, so the old saying goes. For the warm middle months of the year, the British economy looked remarkably frosty, chilled by fears over a no-deal Brexit, until the Office for National Statistics (ONS) reported a surprisingly strong month for growth in May.
Britain's ambassador in Washington believed US President Donald Trump pulled out of the Iran nuclear deal because it was associated with his predecessor Barack Obama, according to leaked documents published by a UK newspaper on Sunday.
Gibraltar police said on Friday that all four crew members of an Iranian oil tanker have been released on bail without charge after it was illegally detained last week on suspicion of breaking European sanctions on Syria.
British banks hold enough capital to cope with a simultaneous disorderly no-deal Brexit and global trade war, the Bank of England said on Thursday as part of its half-yearly assessment of financial risks.
Britain’s economy grew by more than expected in May, helped by a rebound in car production after Brexit-related shutdowns, according to figures that will ease concerns about the extent of the country’s slowdown.