Lloyd’s of London News
UK Brexit Bill Could Hit $63B, Austrian Leader Estimates
Britain should be charged about 60 billion euros ($63 billion) when it leaves the European Union, Austrian Chancellor Christian Kern said, becoming the first EU leader to put a value on the size of ...
British PM May Watches Quietly as House of Lords Debates Brexit Law
The U.K. House of Lords began debating the draft law that would allow Prime Minister Theresa May to trigger Britain's departure from the European Union, with some members seeking to make changes that ...
Lloyd’s to Name Ex-CEO of Marsh Europe as New Chairman
Bruce Carnegie-Brown, former CEO of Marsh Europe and non-executive chairman of Aon UK, will shortly be named the new chairman of Lloyd's, according to market sources. He succeeds John Nelson, who had ...
UK Reportedly Set to Unleash Brexit Trigger Within Three Weeks
Prime Minister Theresa May intends to trigger Britain's withdrawal from the European Union as close as possible to the EU summit taking place on March 9 and March 10, according to two government ...
Brexit Chief Urges UK Lawmakers to Trust the People and Support Article 50
Brexit Secretary David Davis called on lawmakers to give the government permission to implement the will of the British people who voted for the U.K.'s formal departure from the European Union. Davis ...
UK Lawmakers to Start Limited Debate of Brexit Bill on Jan. 31
Prime Minister Theresa May's government will push its draft law to trigger the start of the Brexit process through the House of Commons within two weeks in a rush to stick to her March 31 deadline. ...
UK Court Mandates Parliament Vote Before Brexit Can Begin
The highest U.K. court ruled Prime Minister Theresa May must seek an act of Parliament to trigger the two-year countdown to Brexit, handing lawmakers a chance to soften the government's plan. The ...
Bankers Worry UK PM Is Underestimating Time Needed for Proper Brexit
Global banks, already accelerating plans to pull back from London as Brexit looms, are increasingly concerned that Prime Minister Theresa May is underestimating the time they'll need to adjust to the ...