Spain is finally getting on its feet after suffering from the recent financial crisis. But a Brexit could change that. Spanish companies are heavily invested in the UK, making their futures uncertain.
In an apparent last-minute meeting, the British prime minister visited the EU Commission president in Brussels to discuss deadlocked Brexit talks. May faces pressure at home to deliver favorable results.
British finance chief Philip Hammond has backed away from a statement that risked inflaming Brexit talks. He has been criticized for his handling of financial provisions amid ongoing wrangling over the UK's divorce bill.
The UK could join a trade alliance with the US, Canada and Mexico if a post-Brexit trade deal with the EU falls through. The Telegraph report comes as PM Theresa May said progress had been made in the Brexit talks.
Terror fears and a fall in the British pound after the Brexit vote have been cited as causing the budget airline to go bust. A massive operation to repatriate more than 100,000 tourists is underway.
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