• UK nears recession as Brexit deadline looms

    UK nears recession as Brexit deadline looms0

    Britain might be entering a full-blown recession and a no-deal Brexit could more than double the country’s budget deficit in 2019, the watchdog for public finances on Thursday said. UK may be entering full-blown recession – budget watchdog The Office for Budget Responsibility (OBR) said the world’s fifth-biggest economy appeared to have flat-lined or possibly

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  • British Prime Minister,Theresa May announces her resignation.

    British Prime Minister,Theresa May announces her resignation.0

    Theresa May has bowed to intense pressure from her own party and named 7 June as the day she will step aside as Conservative leader, drawing her turbulent three-year premiership to a close. Speaking in Downing Street, May said it had been “the honour of my life” to serve as Britain’s second female prime minister.

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  • British PM expected to quit on Friday: Media

    British PM expected to quit on Friday: Media0

    Theresa May is expected to announce her resignation as British Prime Minister on Friday, most British newspapers reported on Thursday. May’s resignation will trigger a race among senior ministers to replace her as leader of the Conservative Party, and herald a new approach to the deadlocked Brexit negotiations that have besieged her premiership, local media

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