Brexit: EU To Offer Britain ‘Ambitious Trade Deal’

Brexit: EU To Offer Britain ‘Ambitious Trade Deal’

The European Union will offer Britain a close post-Brexit trading relationship but demand tough terms on fisheries and a level playing field for businesses, chief negotiator Michel Barnier said Monday. “We are ready to offer a highly ambitious trade deal as the central pillar of this partnership, including zero tariffs,” Barnier said, but warned Brussels … Read more

UK Parliament Approves Historic Brexit Deal

UK Parliament Approves Historic Brexit Deal

Britain’s parliament finally approved Brexit on Thursday, allowing it to become the first country to leave the European Union later this month, ending years of arguments that toppled two governments and splintered society. The House of Commons erupted in cheers after MPs ratified Prime Minister Boris Johnson’s divorce deal with Brussels by 330 votes to … Read more

UK To Increase Minimum Wage By Four Times Inflation

Johnson

Britain’s minimum wage is to increase by more than four times the rate of UK inflation from next year, Prime Minister Boris Johnson’s government announced Tuesday. A 6.2-percent increase from April takes the so-called national living wage for workers aged 25 and over from £8.21 to a minimum £8.72 ($10.79 to $11.52, 9.63 euros to … Read more