Philip Hammond

Former RBI governor Raghuram Rajan among probables for top job at Bank of England, says report

Raghuram Rajan, former governor of the Reserve Bank of India (RBI), has been named as one of the possible contenders for the top job at the Bank of England

Theresa May battles new Brexit infighting as Tories plan to demand a vote of no confidence

British prime minister Theresa May on Monday convened what is being branded a "war cabinet" meeting as a fresh round of infighting within the ruling Conservative party over Brexit threatened to escalate into a full-blown rebellion.

Theresa May's Cabinet reshuffle branded 'ineffectual' after top team barely changes, ministers refuse to accept new posts

Theresa May's long-awaited government reshuffle on Monday was branded ineffectual and shambolic after she promoted few fresh faces to her top team.

British government set to undergo reshuffle as Prime Minister Theresa May seeks to reassert her authority

Britain's government is to undergo a reshuffle on Monday as Prime Minister Theresa May looks to reassert her authority following a string of high-profile departures, according to MPs

UK to not honour Brexit financial commitments without EU trade deal in future, says David Davis

Brexit Secretary David Davis on Sunday said Britain will not honour financial commitments agreed this week with the European Union if they fail to secure a future trade deal, contradicting finance minister Philip Hammond.

Brexit negotiator David Davis dismisses reports of Britain preparing to pay £40 billion divorce bill

Brexit negotiator David Davis on Sunday dismissed a report that Britain was prepared to pay a 40 billion pounds ($ 54 billion) divorce bill on leaving the European Union.

Brexit bill: UK ministers put up united front over EU talks, stress no deal will be 'indefinite'

Two top ministers in the UK Cabinet on Sunday made a public effort to bury their differences over the contours of Brexit, stressing that any deal would not be indefinite or a "back door" to staying in the European Union.

British government divided on free movement after Brexit; demand for transition period grows

Allowing free movement of people after Britain leaves the European Union would not "keep faith" with the Brexit vote, the international trade secretary said.

A year after Brexit, the debate in Britain is more about what form its exit from EU should take

On 23 June last year, Britons voted by the narrow majority of 52-48 to end the unhappy cross-Channel marriage of four decades.

Britain eyes deal 'like no other in history' as formal Brexit talks begin

Britain's Brexit ministry said the team travelling to Brussels was confident it could achieve a "bold and ambitious deal" and forge a new, close arrangement with the bloc.