Reuters / Francois Lenoir The European Union’s chief Brexit negotiator Michael Barnier (R) welcomes Britain’s Secretary of State for Exiting the European Union David Davis at the European Commission ahead of their first day of talks in Brussels, June 19, 2017. LONDON — The UK economy is set for a persistently slow pace of growth […]

LONDON — The pound is little changed against the dollar and the euro in early trade on Monday morning, as Britain officially begins Brexit negotiations with the European Union. Brexit Minister David Davis will begin talks with EU officials in Brussels on Monday to work out a deal on Britain’s exit from the EU and […]

Stefan Rousseau/PA Wire/Press Association Images Boris Johnson LONDON — The number of Britons becoming German citizens jumped 361% last year, according to the German Federal Statistics Office, on concerns Brexit will make it harder to work and travel within the European Union. A total of 2,865 Britons took German citizenship in 2016, the same year as the referendum to […]

Shutterstock/Paul Daniels The Brexit cliff might not look like a cliff. LONDON — The two-year period of Brexit negotiations will be a “persistent and protracted” drag on the economy unless Britain can’t get a transitional deal, UBS strategist John Wraith says in a gloomy note sent to clients titled “Confidence fading as UK growth outlook […]