German companies are scaling back investment in Britain, as the country approaches its June 23 referendum about staying in, or exiting, the EU.
German companies have demanded that Britain agrees by next week to an interim phase for its exit from the EU. If no deal is reached at an EU summit, firms must begin planning for a worst-case "hard Brexit."
The world economy is growing fast and according to a respected UK economic forecaster, that is behind an improved British growth forecast. As ever though, the outcome of Brexit decides all.
Brexit opponents have begun pushing for a new referendum in the hopes that British voters have had a change of heart about leaving the European Union. That may be the case, reports Samira Shackle from London.
The two countries have moved to prevent the UK government from launching a power grab when Britain leaves the European Union. New legislation will be introduced to enshrine EU laws on fishing and farming if required.
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