Britain might deploy fiscal stimulus in autumn
Britain could unleash a government stimulus package this autumn to counter the negative effects of its vote to leave the European Union.
Britain could unleash a government stimulus package this autumn to counter the negative effects of its vote to leave the European Union.
Before the summer break, Prime Minister Xavier Bettel and his ministerial colleagues had a barbecue with the press, during which time he made a daring comment on Brexit.
The European Central Bank is not expected to announce any new measures at its regular policy meeting on Thursday, but could flag fresh stimulus in September as the real economic fallout from Brexit makes itself felt, analysts said.
Theresa May is spending her first full day as prime minister fleshing out her government on Thursday, after taking office pledging a fresh start as Britain heads towards the EU exit door.
David Cameron steps down on Wednesday as British Prime Minister and Theresa May prepares to take his place following a momentous referendum to leave the European Union that has sent shockwaves around the world.
EU Commission chief Jean-Claude Juncker will decide by the end of July what role he will give to Britain's new commissioner, named by London after the Brexit vote, a spokesman said Monday.
Theresa May on Wednesday will become the prime minister who leads Britain into talks to quit the European Union, after her last rival in the bid to succeed David Cameron pulled out.
On a sunny afternoon near Big Ben, two weeks since Britain's historic decision to leave the European Union, little has changed for visitors to the capital London except that their visits are now cheaper.
British police on Friday reported a sharp increase in hate crimes in the weeks before and after the June 23 EU referendum
Confidence of Luxembourg entrepreneurs in the country's competitivity as a first choice economic place has never been so high, a new study suggests.
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