Britain’s interior minister Sajid Javid, a contender to replace Theresa May, said on Monday if he was prime minister he would pursue a deal to leave the European Union and would offer
British Foreign Secretary Jeremy Hunt, a contender to replace Theresa May as prime minister, said on Sunday that German Chancellor Angela Merkel had indicated the EU was willing to renegotiate the Brexit divorce deal.
Boris Johnson said on Wednesday he would only take Britain out of the EU without a deal as a “last resort”, launching his campaign to be prime minister with a promise to unify a country deeply divided over Brexit.
US President Donald Trump threw his weight behind Boris Johnson’s campaign to be Britain’s next prime minister and urged all candidates to pledge to boost defence spending, in a striking intervention ahead of his state visit next week.
Foreign minister Jeremy Hunt took aim at rival Boris Johnson’s “do or die” pledge to take Britain out of the European Union on Oct. 31 no matter what, saying the frontrunner to become prime minister could destroy Brexit and the government.
Trump told the Sunday Times in an interview that Britain should "walk away" from talks and refuse to pay a £39 billion ($49 billion) divorce bill if it doesn't get better terms from the EU.
Britain said it is ramping up preparations for a no-deal Brexit by spending an extra 2.1 billion pounds ($2.6 billion) to stockpile medicines, hire more border officials and fund one of the biggest peacetime advertising campaigns.
Sterling tumbled to a 28-month low on Monday as Prime Minister Boris Johnson said the Brexit divorce was dead and warned that unless the European Union renegotiated, Britain would leave on Oct. 31 without a deal. Many investors say a no-deal Brexit would send shock waves through the world economy,
An indicator measuring expectations for the next three months was the strongest since October last year at +9%.
British workers’ pay grew at its joint fastest pace in over a decade as employers extended their hiring spree, adding to signs that uncertainty about Brexit is prompting firms to take on workers rather than commit to longer-term investments.