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In the blue corner... Conservatives battle it out in next stage of UK leadership race

Conservative MPs vote in the second stage of the leadership battle to determine who will win the coveted top spot of UK Prime Minister.

Business Line

Bank of England: fighting the Brexit blues

In this edition of Business Line we look at the role of Bank of England governor Mark Carney as he tries to calm the financial world following the Brexit vote.

Europe News

The Brief From Brussels: UK inquiry slams Blair over Iraq

This is the Brief from Brussels, a round-up of the top news stories from Europe’s de facto political capital.

Economy

Germany says Brexit changes nothing for its economy

Germany is to stick to plans for a balanced budget over the next four years with Finance Minister Wolfgang Schaeuble saying the Brexit vote changes nothing for country's economy.

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Europe News

'I'll miss drama of European Parliament', says UKIP's Farage

UKIP MEP Nigel Farage took questions from the media on Wednesday after announcing his resignation as the leader of the party.

Markets

Pound hits new post-Brexit low

The pound has slumped further in reaction to the UK's vote to leave the European Union, at one stage slipping below $1.28 in trading in Asia. The euro is also weak.

United Kingdom

Fox eliminated, Crabb quits, May leads in Tory party leadership race

The first round of voting for the successor to David Cameron as leader of Britain’s governing Conservatives, and thus the new prime minster, has seen former Defence Minster Liam Fox eliminated, and Pe

United Kingdom

UK: Fox the first to fall in Conservative leader race, May leads the field

Liam Fox is the first name to be scratched from the list of people fighting to become the next leader of the UK Conservative Party.

United Kingdom

May leads field as UK Conservatives vote for Cameron successor, but Fox fails

British Conservative MPs have begun the lengthy process of selecting David Cameron’s successor with a first round of voting.

Europe News

Brexit leaders 'leaving the boat', says EU's Juncker

Under-fire European Commission chief Jean-Claude Juncker has attacked Brexit campaigners Boris Johnson and Nigel Farage for leaving frontline politics.

Economy

Bank of England eases rules for banks to encourage lending and meet Brexit challenge

Britain's central bank has announced further measures to protect from the effects of Brexit including lowering the amount of money that banks have to keep in reserve so more cash will be loaned out.

World News

Junior minister has 'zap and determination' to lead Britain, says Brexit Boris

Former London mayor and big Brexit campaigner Boris Johnson is throwing his support behind Andrea Leadsom to be the next Conservative Party leader and Prime…

France

Balkan EU hopefuls told Brexit will not hit their membership chances

France, Germany and Italy met in Paris on Monday for a Balkans Summit at which they sought to allay fears that the Brexit would harm their accession process.

Europe News

The Brief From Brussels: Spain, Portugal given more time on deficits

This is The Brief from Brussels, a daily roundup of the top stories from Europe’s de facto political capital.

Economy

UK finance minister wants post Brexit business tax cut

Finance minister George Osborne plans to cut UK business tax to less than 15 percent to try to cushion the effects of Brexit.

United Kingdom

Farage quits as UKIP leader, says will stay to monitor Brexit negotiations

UKIP's Nigel Farage has warned against the British government accepting the kind of trade deal that Norway has with the EU.

United Kingdom

Pro-Brexit campaigner Nigel Farage resigns as leader of UKIP... Again

Prominent pro-Brexit campaigner Nigel Farage steps down as leader of the anti-European Union UKIP party.

United Kingdom

Who is in the running to be the next UK prime minister?

Pen portraits of the five candidates hoping to be the country's next leader.

United Kingdom

Brexit turmoil takes toll on main parties as leadership race ignites

“One of the reasons why we should keep our options open is: yes, the referendum express the will of the people, but the will of the people is entitled to change.

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'I can't live without EU'

Ten of thousands of people showed their support for the European Union in London on Saturday (July 2).