July 14, 2026 5:23 AM

UK agrees deal to join EU Ukraine Support Loan scheme

Prime Minister Keir Starmer signed Britain up to a European Union defence loan scheme for Ukraine on Monday, one of his last acts as the nation's prime minister to try to improve London's ties with the bloc after years of wrangling over Brexit. Starmer announced the agreement, which will give British defence firms access to contracts funded by the €90 billion ($102.59 billion) Ukraine Support Loan, as he arrived in Paris for a meeting of the Coalition of the Willing group of Ukrainia...

June 22, 2026 11:27 PM

Investors tread rocky road from Starmer exit to next finance minister

Investors and business leaders are again navigating the kind of uncertainty that has dominated British politics since the Brexit vote a decade ago, after Prime Minister Keir Starmer resigned on Monday and threw open a leadership contest that will centre on any successor's plans for the economy. Starmer, who has been in the job less than two years after his Labour party won a landslide election victory, said nominations for his replacement would open on July 9. His rival Andy Burnham s...

June 22, 2026 12:07 PM

Ten years on, Brexit disputes still hold back Britain’s reconciliation with EU

Ten years on from Britain's shock vote to leave the European Union, much of the rancour and vitriol between London and Brussels has gone. But the tensions that drove the historic rupture - over immigration and ideology - remain. Compounding that, the sides are now limited in how far they can go in rebuilding ties due to the advance of populist and far-right parties in Britain, France and Germany, despite the much more volatile world that confronts them today. Britain finally left the world's b...

July 8, 2025 9:38 AM

King Charles hosts Macron in first European state visit since Brexit

Britain's King Charles will welcome French President Emmanuel Macron to Windsor Castle on Tuesday for the first state visit by a European leader since Brexit in a trip aimed at celebrating the return of closer political ties between the countries. The grand ceremonial event will be the first for Macron, who enjoys a good personal relationship with the king. The last state visit to Britain by a French president was in 2008, when Nicolas Sarkozy was a guest of the late Queen Elizabeth. Britain h...

July 4, 2024 11:05 PM

UK election brings few hopes or fears to cautious City of London

The UK financial sector is warming to Labour's pro-business overtures and pledges to provide stability and support, but many in the City remain wary it could be targeted to prop up Britain's stretched public finances further down the line. Under leader Keir Starmer, the Labour Party - expected to win Thursday's UK election - has assiduously courted the City of London, mindful that his plans for boosting economic growth will need a big dose of private capital. In the last election in 2019, Star...