Britain’s Prime Minister Theresa May holds a news conference after the EU summit in Brussels, Belgium October 21, 2016. REUTERS/Eric Vidal – RTX2PV88 For decades, Britain’s bankers have relied on their industry’s outsized status in the economy to find a recept... More »
Students from St Andrews University are covered in foam as they take part in the traditional ‘Raisin Weekend’ in the Lower College Lawn, at St Andrews in Scotland, Britain October 17, 2016. REUTERS/Russell Cheyne Students dressed in costumes chased each other ... More »
A gallery worker walks passed Yves Klein’s ‘Blue Monochromes’ on display as part of the launch of the winter season at the Tate gallery in Liverpool, northern England October 20, 2016. REUTERS/Phil Noble Paintings by Yves Klein go on display at Tate Liverpool ... More »
Storm clouds are seen above the Canary Wharf financial district in London, Britain, August 3, 2010. REUTERS/Greg Bos/File Photo Britain needs to focus its efforts on the banking sector when negotiating new financial trading terms with the European Union as the... More »
A pile of one pound coins is seen in a photo illustration shot June 17, 2008. REUTERS/Toby Melville/Illustration/File Photo Bank of England Deputy Governor Ben Broadbent said the pound’s fall after Britain voted to leave the European Union has acted as an impo... More »
FILE PHOTO — A view of the Morgan Stanley London headquarters at Canary Wharf financial centre in London, Britain June 24, 2016. REUTERS/Russell Boyce/File Photo Banks will have to start moving staff if Britain loses access to the European single market post-B... More »
The Canary Wharf financial district is seen in east London November 12, 2014. REUTERS/Suzanne Plunkett The UK head of U.S. bank Citi (C.N) said on Tuesday that the main question facing the finance industry now is when to enact contingency planning after Britai... More »
A man stands next to an electronic board showing stock prices in Tokyo, Japan, August 18, 2016. REUTERS/Kim Kyung-Hoon Major U.S. stock indexes gained on Wednesday, boosted by financial shares amid encouraging economic data and by the energy sector as oil pric... More »
Britain’s Prime Minister Theresa May gives her speech on the final day of the annual Conservative Party Conference in Birmingham, Britain, October 5, 2016. REUTERS/Toby Melville/File Photo Prime Minister Theresa May criticized Britain’s finance industry for fa... More »
French artist Philippe Parreno poses with his installation ‘Anywhere’, in the Turbine Hall at Tate Modern in central London, Britain October 3, 2016. REUTERS/Stefan Wermuth French artist Philippe Parreno fills Tate Modern’s Turbine Hall with inflatable fish fo... More »
A woman photographs the sculptures ‘Black and Blue: The invisible Man and the Masque of Blackness’, by artist Zak Ove, at Somerset House in London, Britain October 4, 2016. REUTERS/Stefan Wermuth An “army” of 2-metre-high (6.5-foot) statues has been assembled ... More »
Diana Widmaier Picasso, grand-daughter of Pablo Picasso, poses beside a 1938 portrait of her mother entitled ‘Maya in a Sailor Suit’ at the National Portrait Gallery in London, Britain, October 5, 2016. REUTERS/Dylan Martinez – Pablo Picasso’s family, friends ... More »
From high chairs to balloons shaped like cartoon speech bubbles, artworks from around the world go on display at Frieze London this week, a huge fair mixing creations by new artists and more established names. More »
A builder assembles scaffolding as he works on new homes, in south London June 3, 2014. REUTERS/Andrew Winning/Files Britain launched a 5 billion-pound ($6.5 billion) homebuilding stimulus package on Monday, including plans to borrow 2 billion pounds to help a... More »
The largest known topaz stone, is held for photographing before it is made available to view at the Natural History Museum in London, Britain September 27, 2016. REUTERS/Peter Nicholls A flawless blue topaz gemstone, said to be the largest of its kind, is set ... More »
British police started excavations on a Greek island on Monday, saying they were armed with new leads into the disappearance of a British toddler there 25 years ago. More »
President of the Deutsche Bundesbank Jens Weidmann speaks during a meeting in Rome, Italy April 26, 2016. REUTERS/Tony Gentile/File Photo Financial institutions based in Britain will lose so-called passporting rights allowing them to operate across the Europea... More »
Lauri Love speaks to members of the media as he arrives for his extradition hearing at Westminster Magistrates’ Court in London, Britain September 16, 2016. REUTERS/Peter Nicholls A London court on Friday approved the extradition of an autistic British man to ... More »
This year’s World Black Pudding Throwing Championships, a more than 100-year-old tournament centered around hurling blood sausage, was won by the first thrower. More »
Bank of England Deputy Governor Minouche Shafik speaks during the bank’s quarterly inflation report news conference at the Bank of England in London August 13, 2014. REUTERS/Suzanne Plunkett Bank of England deputy governor Minouche Shafik will step down at the... More »
Irish Prime Minister Enda Kenny speaks at a press conference at Government Buildings in Dublin, Ireland, July 21, 2016. REUTERS/Clodagh Kilcoyne The European Union will not give in to British demands for full access to the bloc’s single market unless London al... More »
If, as The Beatles sang, you say you want a revolution, a new major exhibition at the Victoria and Albert Museum in London may have one for you. More »
A 120-meter long model of the 17th century London skyline is set alight on the River Thames to commemorate the 1666 Great Fire of London in London, Britain, September 4, 2016. REUTERS/Neil Hall Flames once again licked the historic buildings of Britain’s capit... More »
British Prime Minister Theresa May (R) meets Australian Prime Minister Malcolm Turnbull during a bilateral meeting at the sidelines of G20 Summit in Hangzhou, Zhejiang Province, China, September 5, 2016. REUTERS/Aly Song Australian Prime Minister Malcolm Turnb... More »
A British flag and an EU flag are seen in front of a monitor displaying a graph of the Japanese yen’s exchange rate against the U.S. dollar at a foreign exchange trading company in Tokyo, Japan, June 27, 2016. REUTERS/Toru Hanai Japan has warned Britain that i... More »
Men and women wrestlers wearing fancy dress tackled a slippery surface for a somewhat unusual contest on Monday – the “World Gravy Wrestling Championships”. More »
A British flag and an EU flag are seen in front of a monitor displaying a graph of the Japanese yen’s exchange rate against the U.S. dollar at a foreign exchange trading company in Tokyo, Japan, June 27, 2016. REUTERS/Toru Hanai German Economy Minister Sigmar ... More »
Three men have been charged with fraud for allegedly selling horsemeat as beef in Britain in 2012, prosecutors said on Friday. More »
A king penguin named Sir Nils Olav inspects uniformed soldiers of His Majesty the King of Norway’s Guard at RZSS Edinburgh Zoo, in Edinburgh, Scotland in this handout photograph from August 22, 2016. RZSS/Katie Paton/Handout via REUTERS Standing in line for a ... More »
Geoffrey Carey and Valerie Crouzet perform at the dress rehearsal of Eat a Crocodile’s production of Shakespeare’s Twelfth Night, at the Lyceum Theatre in Edinburgh, Scotland, Britain August 11, 2016. Picture taken August 11, 2016. REUTERS/Russell Cheyne Rappi... More »
EDINBURGH Royal Bank of Scotland (RBS.L) would move its main office from Scotland if the nation were to split from the UK after Britain’s vote to leave the European Union, although moving domicile would not mean major job losses, the head of RBS has said. “The... More »
LONDON JP Morgan has kept its “overweight” recommendation on UK equities, arguing that relatively high dividend yields, sterling weakness and the possibility of further rate cuts from the Bank of England should support the market. “We reiterate our ‘Overweight... More »
By Matt Scuffham | TORONTO TORONTO Caisse de depot et Placement du Quebec, Canada’s second-biggest public pension fund, warned of weak global growth in the years ahead after market volatility led to a sharp fall in its investment return in the first half. The ... More »
LONDON Alternative investments such as a Ferrari 335 S Scaglietti, a rare blue diamond or a case of Romanee-Conti Grand Cru wine from Burgundy are going mainstream as investors grapple with ultra-low interest rates and volatile stocks. Spooked by the end of a ... More »
BEIJING China on Monday called for Britain to proceed with a nuclear power plant project partly invested in by a Chinese firm, saying the project had firm support from London, after Britain’s new government said it would review it again. The plan by France’s E... More »
LONDON The Bank of England looks ready to cut interest rates for the first time since 2009 on Thursday, seeking to stop Britain’s vote to leave the European Union from kicking the country into recession. It may even go a step further and pump billions of pound... More »
(This story filed on July 31, 2016 corrects final paragraph to take out reference to China’s Ministry of Finance. A request for comment had not been made at that time) By Michelle Price HONG KONG British and Chinese securities watchdogs are discussing an agree... More »
LONDON BP has agreed to renew five-year sponsorship deals with several British cultural institutions, including the British Museum, just days after reporting a 45 percent drop in profits. In May the British Museum was forced to temporarily close after Greenpea... More »
PARIS EU Commission President Jean-Claude Juncker said on Monday there was no deadline for Britain to start talks on leaving the European Union. New British Prime Minister Theresa May told Juncker earlier this month that Britain hoped to hold positive talks wi... More »
LONDON Retail tycoon Philip Green’s greed and disregard for corporate governance led to the demise of BHS and the loss of 11,000 jobs, a joint parliamentary committee said, calling the collapse of the British stores group “the unacceptable face of capitalism.”... More »
BRUSSELS New Foreign Secretary Boris Johnson said he would assure his EU counterparts on Monday that Britain would continue to cooperate closely with them once it leaves the bloc following last month’s Brexit referendum. “The message I’ll be taking to our frie... More »
LONDON Asking prices for British residential property slipped slightly more than usual after last month’s vote to leave the European Union, though the overall impact remains hard to judge, figures from property website Rightmove showed on Monday. Average price... More »
LONDON Britain’s biggest companies are beset by doubts about the future after last month’s vote to leave the European Union and have slashed their investment plans, according to a survey on Monday that bodes poorly for the economy. Some 82 percent of chief fin... More »
LONDON As hedge fund manager Buford Scott sat at home, watching the TV in shock as it emerged Britain had voted to leave the European Union, his computer-based trading models were quietly boosting his business by 1.5 percent. Scott’s algorithm-driven fund, and... More »
LONDON Theresa May will take over the job of British prime minister from David Cameron on Wednesday after a series of political shocks caused by Britain’s vote to leave the European Union. May, who has been interior minister for six years and is seen by her su... More »
FARNBOROUGH, England Airbus (AIR.PA) bagged deals worth $20 billion to seize the initiative at a rain-soaked Farnborough Airshow on Tuesday, but industry executives said the mostly lackluster event confirmed a recent boom in aircraft orders was finally fizzlin... More »
FARNBOROUGH, England Europe’s Airbus on Tuesday cut the delivery target for its A380 superjumbo to 12 a year from 2018, down from 27 in 2015 and about half what is projected for this year, to prevent a glut of unsold planes as airlines shun the industry’s behe... More »
BEIJING European Union foreign policy chief Federica Mogherini said on Wednesday the EU was looking for the smoothest possible relations with Britain after it leaves the union and hopes institutional turmoil can end as soon as possible. Speaking during a visit... More »
The Eiffel Tower is a must-see for many tourists visiting Paris but for one British family this week it also became their home for the night. Michelle Stevenson won an overnight stay at the famed landmark in a contest organized by vacation rental website HomeA... More »
BRUSSELS The European Commission does not expect any new countries to join the euro zone for at least the next three years, one of the vice presidents of the EU executive said on Thursday. “There is not going to be euro area enlargement in the next at least th... More »
AMSTERDAM Britain will not be able to dictate the terms of a new trade deal to the European Union after it leaves the bloc, the chair of the euro zone finance ministers’ council said, accusing leave campaigner Nigel Farage of “living in his own world.” Farage,... More »
LONDON British pro-Brexit former minister Iain Duncan Smith said on Sunday that it would be very difficult for the public to accept a prime minister who had campaigned for Britain to stay in the European Union. Duncan Smith said Britain should make good on its... More »
LONDON/BERLIN German Chancellor Angela Merkel sought on Saturday to temper pressure from Paris, Brussels and her own government to force Britain into negotiating a quick divorce from the EU, despite warnings that hesitation will let populism take hold. Eurosce... More »
LONDON British Foreign Secretary Philip Hammond said on Sunday it would be “catastrophic” for Britain to lose access to the European single market after it voted to leave the European Union. Hammond, who campaigned for Britain to remain in the bloc, said Brita... More »
LONDON British Labour leader Jeremy Corbyn is failing and should resign, Hilary Benn, dismissed by Corbyn hours earlier as foreign policy chief, said on Sunday. “He is a good and decent man but he is not a leader,” Benn told BBC television. Benn said he would ... More »
LONDON Britain’s Business Secretary Sajid Javid said on Sunday there was no immediate need to decide when to trigger article 50, the mechanism for a country to withdraw from the European Union. (Reporting by Estelle Shirbon, editing by Elizabeth Piper) SOURCE:... More »
LONDON Britain’s opposition Labour leader Jeremy Corbyn sacked his foreign policy chief on Sunday, a spokesman said, plunging the party into open conflict after Britain voted to leave the European Union. The EU referendum, which saw 52 percent of Britons votin... More »
TIANJIN, China Chinese companies may want to “wait and see” the impact of Britain’s vote to leave the European Union before they invest in the country, the head of China’s top economic planner said on Sunday. However, the impact of the referendum on China’s ec... More »
BRUSSELS The British member of the EU executive, Financial Services Commissioner Jonathan Hill, resigned on Saturday after having campaigned against Britain leaving the European Union. Following the referendum vote for Brexit on Thursday, few expected a Briton... More »
BEIJING/TIANJIN, China China’s finance minister and leading economists on Sunday voiced concerns about Britain’s vote to leave the European Union, with the policymaker saying it has heightened market uncertainty, though some expect a limited impact on the Chin... More »
HONG KONG Hong Kong’s finance chief said on Sunday the government will closely watch the impact of Britain’s vote to leave the European Union on the city, which is set to affect the global economy and the territory’s trade and financial markets. “It was a big ... More »
SEOUL South Korea may seek a separate free trade deal with Britain in coming years in an effort to minimize the impact of Brexit on the country’s trade with the European Union and Britain, the trade ministry said on Sunday. It added the more lucrative Korea-EU... More »
GLASTONBURY, England Mud-covered revelers at Britain’s Glastonbury festival were in high spirits as the second day of music got under way on Saturday, with British star Adele’s performance keenly awaited though many were still mourning Britain’s vote to leave ... More »
ZURICH Central banks are ready to cooperate to support financial stability in the wake of Britain’s vote to leave the European Union, the Bank for International Settlements said on Saturday. Central bankers gathered at the organization’s global economy meeting... More »
ABERDEEN, Scotland U.S. presidential candidate Donald Trump played down market turmoil in the wake of Britain’s decision to leave the European Union on a visit to his Trump International golf course in Aberdeen on Saturday. Wearing an open-necked shirt, a suit... More »
PALO ALTO, Calif. U.S. President Barack Obama on Friday tried to limit the fallout from Britain’s vote to leave the European Union, which threatens to harm the U.S. economic recovery, derail his trade agenda and distract U.S. allies from global security issues... More »
TURNBERRY, Scotland U.S. presidential candidate Donald Trump thrust himself into the heart of Britain’s vote to leave the European Union on Friday, calling it a “great” development and drawing parallels to his own insurgent campaign. In Scotland to reopen a go... More »
NEW YORK/BOSTON UK voters’ surprise decision to leave the European Union roiled markets on Friday, but hedge funds appear to have avoided crippling losses, according to market data and people familiar with fund performance. Money managers were positioned relat... More »
PALO ALTO, Calif. U.S. President Barack Obama said on Friday that he had spoken with British Prime Minister David Cameron about Britain’s decision to leave the European Union and that he was confident the United Kingdom was committed to an orderly transition. ... More »
LOS ANGELES “Game of Thrones,” the hit HBO cable TV series that is partly filmed in Northern Ireland, will not suffer due to Britain’s decision to leave the European Union, the cable network said on Friday, aiming to quash speculation that the lavishly produce... More »
NEW YORK Lindsay Lohan went viral on social media in the early hours of Friday. Only this time, it wasn’t about her transgressions. The actress, who is as well known for her legal troubles and stints in rehab as she is for her roles in Disney’s “Freaky Friday”... More »
NEW YORK Britain’s unexpected decision to leave the European Union spurred a global stock market selloff that has inspired some opportunistic U.S. investors to move in the opposite direction. Operating on the belief that the initial rout might be an overreacti... More »
PARIS French telecoms company Orange (ORAN.PA) said on Friday it plans to maintain several group offices in the United Kingdom, which employ about 900 people, despite Britain’s vote to leave the European Union. The company said it was not present in the Britis... More »
LONDON Britain’s 2.2 million financial industry workers face years of uncertainty and the risk of thousands of job cuts after the country voted to quit the European Union, an upheaval that threatens London’s dominance of finance. The ‘Vote Leave’ campaign fron... More »
PARIS French Finance Minister Michel Sapin said on Friday he would welcome London banks to Paris after Britain’s vote to quit the European Union, using the “red carpet” metaphor in an apparent dig at British Prime Minister David Cameron. Cameron triggered a wa... More »
BRUSSELS British companies planning mergers with EU peers will face more legal costs and regulatory hassles after Britain leaves the European Union as they will have to deal with two antitrust watchdogs, competition experts said. On the other hand, freed from ... More »
GLASTONBURY, England Revelers at Glastonbury Festival emerged from their tents in shock on Friday morning at the news Britain had voted to leave the European Union and the prime minister would be resigning. Organizers of the Britain’s best-known music and arts... More »
NEW YORK The British pound could weaken further in the next six months even if it enjoys a temporary rebound, a top BlackRock Inc investment strategist said on Friday after Britain voted to exit the European Union. “Sterling will weaken from here over the next... More »
AMSTERDAM The chair of the council of euro zone finance ministers said on Friday there was no reason to call a meeting of the body following Britain’s vote to leave the European Union. Speaking after a meeting of the Dutch cabinet, Jeroen Dijsselbloem said it ... More »
THE HAGUE The lesson of Britain’s vote to leave the European Union is that the bloc cannot continue along a path of deepened integration or further enlargement, the chair of the council of euro zone finance ministers said on Friday. Speaking before a cabinet m... More »
BRUSSELS This is a rough outline of the steps Europe plans to take after Britain’s referendum on Thursday on whether to leave the European Union, based on public and private comments by officials: DAY 1 – FRIDAY, JUNE 24 – THE THREE R’S – OR MORE Polls close a... More »
LONDON British Prime Minister David Cameron made a dramatic appeal to voters across the generation gap on Tuesday to back staying in the European Union two days before a cliff-hanger referendum that will shape the future of the West. Britons vote on Thursday o... More »
LONDON Britain’s Daily Telegraph newspaper came out in favor of quitting the European Union on Monday, urging voters to tick the “Leave” box in a referendum on Thursday. The Telegraph, which has a daily circulation of nearly 500,000, joins The Sun, The Sunday ... More »
LONDON Voters in Britain favor staying in the European Union, according to a poll published by social research organization NatCen on Monday, although most of the interviews were conducted in May. NatCen said 53 percent of respondents planned to vote to stay i... More »
LONDON Support for Britain remaining in the European Union stood at 53 percent with support for quitting the bloc at 46 percent, according to a poll by ORB for the Daily Telegraph newspaper. The newspaper said this represented an eight-point net reversal from ... More »
LUXEMBOURG Britain could not rejoin the European Union after leaving because membership requirements would be too onerous, Foreign Secretary Philip Hammond said on Monday. He said Thursday’s referendum on EU membership offered “no way back”. Since becoming a m... More »
BRUSSELS Brexit may be an abstract idea for many Britons but for compatriots living in continental Europe Thursday’s EU membership referendum has a very real impact — especially on those working for the Union itself in Brussels. “It’s a very weird feeling, lik... More »
LONDON Author JK Rowling has criticized the rhetoric surrounding the British referendum on the European Union, calling the campaign “divisive and bitter”. Writing on her website on Monday, the Harry Potter author dissected the narratives of both sides and comp... More »
LUXEMBOURG The 19 countries sharing the euro zone will strengthen their cooperation in all necessary fields regardless of the outcome of the British referendum on European Union membership next week, the head of the euro zone group of finance ministers said on... More »
LONDON Forget the opinion polls and betting odds, one English farmer has his own way of predicting the outcome of Britain’s looming referendum on whether to stay in the European Union or leave – racing his miniature pigs. The pigs of Pennywell Farm in Devon su... More »
LONDON Britain’s “Leave” campaign opened up a 7-point lead over “Remain” ahead of a referendum on membership of the European Union an opinion poll showed late Monday, while the nation’s biggest-selling newspaper urged readers to vote to quit the bloc. The resu... More »
FRANKFURT The European Central Bank would publicly pledge to backstop financial markets in tandem with the Bank of England should Britain vote to leave the European Union, officials with knowledge of the matter told Reuters. The preparations illustrate the hei... More »
FRANKFURT Central banks around the globe are preparing financial backstops to mitigate market turmoil in case Britons vote next week to leave the European Union, hoping to buffer the real economy from any short-term impact. Operating with so-called swap lines,... More »
LONDON (Thomson Reuters Foundation) – When British art curator Sue McAlpine first visited makeshift migrant camps in Calais on Frances’s northern coast, the sight of families living in muddy tents and children wearing flip-flops in the middle of winter saddene... More »
BERLIN A British exit from the European Union would not end the idea of a unified Europe and should not be seen as a “horror scenario”, European Parliament Vice President Alexander Lambsdorff said in a German radio interview. Lambsdorff, a German Liberal lawma... More »
LONDON Two still life works by Pablo Picasso painted on the same day are among offerings at an upcoming London auction that also features works by Amedeo Modigliani, Claude Monet, Wassily Kandinsky and Paul Klee. Picasso’s “Nature morte” and “Nature morte aux ... More »
LONDON May 26 British painter John Constable’s six-foot artwork “View on the Stour near Dedham,” will go under the hammer next month where it is expected to fetch around 12 million to 16 million pounds ($17.6 million – $23.5 million), Christie’s said on Thursd... More »
LONDON The debate about Britain’s future in the Europe has taken an unexpected new twist: a “battle of the balconies” between north London neighbors unfurling competing pro- and anti-Brexit banners. Unimpressed by a large “Vote Leave” banner appearing on the b... More »
