Ghana, Senegal, Iran and Morocco are among the countries listed in the UK’s Money Laundering and Terrorist Financing (Amendment) (High-Risk Countries) As part of its post-Brexit restructuring, the UK has released a list of high-risk countries for money laundering. Nigeria didn’t make the cut as the country is exempted from the list which comprises 21 … Read more
After months of protracted negotiation and impasse, the United Kingdom (UK) and European Union (EU) have finally agree on post-brexit trade deal. The trade agreement was reached on Thursday, seven days before the historic exit of the UK from one of the world’s most virile and largest trading blocs. The UK quit its full membership … Read more
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
The United Kingdom will finally have its Brexit at 11 pm on Friday, with Prime Minister Boris Johnson expected to deliver an emotional divorce address in a broadcast. According to snippets of the broadcast published by Mail Online, Johnson will insist that Brexit marks ‘not an end but a beginning”, as it begins a transition … Read more
Britain’s economy, lifted by the country’s post-election political stability, risks fresh turbulence as Prime Minister Boris Johnson seeks tricky Brexit trade deals amid global threats that include the coronavirus. Recent positive British economic data offset weaker figures at the end of 2019, but this is not expected to have a lasting impact despite government promises … Read more
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
Following several years arguments, British MPs will on Thursday finally approve the terms of Brexit, paving the way for the UK to leave the EU on January 31. The House of Commons will complete its scrutiny of a bill ratifying Prime Minister Boris Johnson’s European Union divorce deal, drawing a line under an extraordinary period … Read more
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
The United Kingdom (UK) Conservatives will “get Brexit done” and “forge a new Britain”, Prime Minister Boris Johnson has said while launching the party’s election manifesto. He promised 50,000 more nurses in England and the creation of 50 million more GP appointments. Other “guarantees” include tighter immigration controls and not to increase rates of income … Read more
Prime Minister Boris Johnson promised new funds for Britain’s state-run national health service (NHS) on Sunday, seeking to fulfil one of the promises of his 2016 Brexit campaign. Johnson pledged an extra £1.8 billion (2.0 billion euros, $2.2 billion) to immediately help frontline services, in a move that further fuelled speculation he is preparing for … Read more
The British Deputy High Commissioner to Nigeria, Ms Gill Atkinson has said Nigerians will gain from Brexit as it was an opportunity of opening its relationship with the rest of the world. She gave the advice when she paid a courtesy visit to the Deputy Speaker of the House of Representatives, Rep. Idris Wase in … Read more
Anti-EU populist Nigel Farage’s new Brexit Party failed to win its first seat in Britain’s parliament as it lost out to the main opposition Labour Party in a crunch by-election, results on Friday showed. The poll in the eastern English city of Peterborough was triggered after the sitting MP, Fiona Onasanya, was dumped by voters … Read more
Britain’s exit from the European Union was in disarray after the implosion of Prime Minister Theresa May’s Brexit strategy left her under pressure from rival factions to leave without a deal, go for an election or forge a much softer divorce. After one of the most tumultuous weeks in British politics since the 2016 … Read more