CNBC's "Squawk on the Street" team discusses British Prime Minister Theresa May's comments this morning resulting in the British pound falling. » Read More
By: David Reid
Theresa May said Friday that talks with the European Union have stalled. » Read More
European stocks extended gains by Thursday's close, tracing the strong session seen on Wall Street and shaking off anxieties of a trade war. » Read More
By: Holly Ellyatt
Support for the British prime minister and her leadership is coming from an unlikely source — Europe. » Read More
Port wine's second-largest export market is the United Kingdom, and the impending British exit from the EU is throwing port's almost 50 million euros' ($58 million) worth of annual business there into doubt.
CNBC's 'Squawk Box' reports on the London Mayor asking the government to allow the British public to vote again on Brexit.
"I'd say there's a little bit of fear, or lack of confidence, that's causing people to hold back on investments — in particular, investments that would further complicate global supply chains," said Bill Winters, group CEO at Standard Chartered Bank.
The founder and chairman of JD Wetherspoon believes Bank of England Governor (BOE) Mark Carney is "completely wrong" over the potential impact of a chaotic no-deal Brexit.
Mark Carney, Bank of England governor, has delivered a "chilling" warning to Theresa May's cabinet that a no-deal Brexit could lead to economic chaos, including a property crash that could see house prices fall by a third.
The U.K. government met Thursday morning to discuss the eventuality of a no-deal Brexit.
Ryanair Chief Executive Michael O'Leary told CNBC on Wednesday that labor union claims of bullying and intimidation at the company are "fundamentally wrong."
Every day, an average of 10,000 lorries pass through the Port of Dover and are typically processed within two minutes. But, as the U.K. prepares to leave the European Union, this process could change dramatically.
The current Bank of England Governor Mark Carney has agreed to stay in his current role until the end of January 2020.
European officials want to reach an agreement but first, they need more concessions from the U.K, according to William Adams of PNC.
The majority of the Conservative Party still supports Theresa May.
The fiscal policies of the world's two largest economies could bring about a massive slowdown in global economic growth, according to Britain's top former bank regulator.
The British pound was up nearly 0.6 percent against the greenback at around 12:30 p.m. London time, trading at $1.3004, and rose by a similar margin against the euro.
Uncertainties around Brexit could push sterling in a much more binary path, a foreign exchange expert told CNBC. Sterling slipped to a two-and-a-half-week low against the U.S. dollar on concerns over Brexit and escalating global trade tensions.
Stefan Auer, a professor at the University of Hong Kong, says that many of the so-called horror scenarios associated with a lack of a Brexit deal are 'ridiculous."
Peter Dragicevich, financial market strategist of Suncorp, weighs in on where the sterling is headed amid uncertainties surrounding Brexit negotiations.