Brexit

FILE - In this two photo file combo image, Jeremy Hunt, left, and Boris Johnson, right, who are the final two contenders for leadership of the Conservative Party, Thursday June 20, 2019. Following elimination votes Britain's Conservative Party members will vote for the final two contenders with the winner due to replace Prime Minister Theresa May as party leader and prime minister. (AP Photo FILE/Matt Dunham, Frank Augstein)
July 01, 2019 - 5:33 am

UK Treasury chief warns Tory contenders on spending promises

LONDON (AP) — U.K. Treasury chief Philip Hammond has warned the two contenders to become the next prime minister that their expensive spending promises will be impossible to deliver if Britain leaves the European Union without a divorce deal. Hammond said Monday that unless there is an orderly...
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June 27, 2019 - 8:42 am

Carmaker PSA: work at UK plant depends on Brexit deal

LONDON (AP) — French carmaker PSA will continue to make its Vauxhall and Opel Astra cars in the U.K. — but only if Britain leaves the European Union with a deal. The pledge comes amid a heated Conservative Party leadership contest to determine who will replace Prime Minister Theresa May. Front-...
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FILE - In this May 2, 2019, file photo Mark Carney the Governor of the Bank of England speaks during an Inflation Report Press Conference at the Bank of England in the City of London. The Bank of England is open to the idea of letting new payment services such as Facebook's upcoming Libra hold funds with the central bank, Carney said Thursday, June 20. (AP Photo/Matt Dunham, Pool, File)
June 26, 2019 - 3:13 am

Bank of England's Carney hints at stimulus in no-deal Brexit

LONDON (AP) — Bank of England Governor Mark Carney says he'd be inclined to back a stimulus package to shore up the British economy if the country crashes out of the European Union at the end of October with no deal. In testimony to lawmakers, Carney said Wednesday that the response from the bank's...
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Conservative party leadership candidate Boris Johnson leaves a LBC talk radio interview in central London, Tuesday June 25, 2019. The two contenders for leadership of Britain's ruling Conservative Party will be put to a vote of party members nationwide, with the winner due to replace Prime Minister Theresa May as party leader and prime minister. (Kirsty O'Connor/PA via AP)
June 25, 2019 - 9:58 am

Boris Johnson fails to answer questions on private quarrel

LONDON (AP) — Boris Johnson failed to shut down questions about his private life Tuesday as a round of media appearances served only to bog him down further in questions about character and trust. Johnson, who is running to be the next leader for both the Conservative Party and the nation, has...
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Britain's Conservative party leadership candidate Boris Johnson gestures during the first party hustings at the ICC in Birmingham, England, Saturday June 22, 2019. The two finalists in the race to lead Britain’s governing Conservative Party and become the country’s new prime minister made their first formal pitches to party members Saturday. (AP Photo/Rui Vieira)
June 22, 2019 - 11:52 am

2 finalists in UK leadership race make pitch to Tory members

LONDON (AP) — The two finalists in the race to lead Britain's governing Conservative Party — and become the country's new prime minister — made their first formal pitches to party members Saturday, both vowing to be the right man to deliver Brexit. Ex-foreign secretary and former London mayor Boris...
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European Commission President Jean-Claude Juncker speaks with the media as he leaves an EU summit in Brussels, Friday, June 21, 2019. EU leaders concluded a two-day summit on Friday in which they discussed, among other issues, the euro-area. (AP Photo/Olivier Matthys)
June 21, 2019 - 5:04 am

EU rules out reopening Brexit deal whoever replaces May

BRUSSELS (AP) — The European Union insisted Friday that it will not reopen the Brexit withdrawal agreement with the U.K. government whoever succeeds Theresa May as British prime minister. Jean-Claude Juncker, the president of the EU's executive Commission, said the bloc's leaders were unanimous in...
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FILE - In this May 2, 2019, file photo Mark Carney the Governor of the Bank of England speaks during an Inflation Report Press Conference at the Bank of England in the City of London. The Bank of England is open to the idea of letting new payment services such as Facebook's upcoming Libra hold funds with the central bank, Carney said Thursday, June 20. (AP Photo/Matt Dunham, Pool, File)
June 21, 2019 - 3:43 am

Bank of England chief dismisses Johnson's Brexit trade claim

LONDON (AP) — The head of the Bank of England on Friday dismissed suggestions from Boris Johnson, favorite to become Britain's next prime minister, that tariffs on trade with the European Union can be avoided even if the country leaves the bloc without a withdrawal agreement. Johnson, who is...
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British Conservative party leadership and prime minister contender Boris Johnson leaves his home in south London, Thursday June 20, 2019. The race to become Britain's next prime minister is down to the final four on Wednesday, as Boris Johnson stretched his lead among Conservative lawmakers and upstart Rory Stewart was eliminated from the contest. (AP Photo/Matt Dunham)
June 20, 2019 - 10:12 am

The Latest: Boris Johnson, Jeremy Hunt in UK leader runoff

LONDON (AP) — The Latest on choosing Britain's next prime minister (all times local): 6:10 p.m. Boris Johnson and Jeremy Hunt will compete to become Britain's next prime minister in a runoff vote by members of the governing Conservative Party. Johnson, a former U.K. foreign secretary, and Hunt, who...
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Bank of England Governor, Mark Carney talks with British Chancellor of the Exchequer Philip Hammond during the G20 Finance Ministers and Central Bank Governors Meeting, Saturday, June 8, 2019, in Fukuoka, Japan. (Kim Kyung-hoon/Pool Photo via AP)
June 20, 2019 - 5:58 am

UK central bank holds rates amid Brexit, trade uncertainty

LONDON (AP) — The Bank of England kept its main interest rate on hold at 0.75% on Thursday and warned that a combination of Brexit worries and global trade tensions was weighing on growth. All nine members of the Monetary Policy Committee backed the decision to not change rates. There had been some...
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British Conservative party leadership and prime minister contender Boris Johnson leaves his home in south London, Thursday June 20, 2019. The race to become Britain's next prime minister is down to the final four on Wednesday, as Boris Johnson stretched his lead among Conservative lawmakers and upstart Rory Stewart was eliminated from the contest. (AP Photo/Matt Dunham)
June 20, 2019 - 5:34 am

Boris Johnson leads as UK Tories cut leader candidates to 3

LONDON (AP) — Britain's governing Conservative Party narrowed the race to become the country's next prime minister to three candidates on Thursday, and is set to pick the final two contenders before the end of the day. Boris Johnson, a former foreign minister and ex-mayor of London, built on his...
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