Theresa May

After a long Conservative Party leadership contest, former Foreign Minister Boris Johnson is the new leader and will officially become the next prime minister of the United Kingdom. The vote came after Theresa May announced she would resign following repeated parliamentary rejections of her Brexit...

President Donald Trump said Tuesday the United States is committed to a “phenomenal trade deal” with the United Kingdom once it leaves the European Union and suggested the two countries could double or triple the trade between them. Speaking at a joint news conference in London with...

Boris Johnson launched his leadership campaign as President Donald Trump arrived in the U.K. Monday. Leadership Race Kicks Off  Trump has so far been vocal in his support of Johnson and praised him before leaving the U.S. Prime Minister Theresa May will...

With Prime Minister Theresa May set to resign in June, further political and Brexit uncertainty continues to plague the foreign exchange market. Pounds sterling faces more losses and could see record lows before the year is out, according to FX analysts.& Political Risk Lukman Otunuga, research...

GBP/USD has resumed its falls after initially rising in reaction to the EU elections. Fears of a hard Brexit and no progress in US-Sino trade relations weigh. The four-hour chart shows the bears leading against the bulls. Did Leave or Remain win the European elections? While Nigel Farage's...

After British Prime Minister Theresa May's Thursday announcement that she will step down June 7, the race is on to replace her — and reports are emerging Boris Johnson is a lead candidate. Johnson is a member of parliament for Uxbridge and South Ruislip. He's proving to be the first...

It has been a long process, but Theresa May has finally succumbed to the mounting pressure and in a tearful address outside of 10 Downing Street the Prime Minister announced her resignation effective 7 June, following the visit of President Trump and the Peterborough by-election, due on 6 June....

GBP/USD is trading at a fresh four-month low on growing political uncertainty. The pound also suffers from weak inflation and the US-Sino trade war. The technical outlook is bearish for the currency pair. UK PM Theresa May has pledged to set out a timetable for her departure in early June, but...

British Prime Minister Theresa May confirmed Friday that she will step down June 7.  The Conservative Party must now choose a successor, Reuters reported. May failed to win parliamentary backing for the Brexit divorce agreement she has been negotiating with the European Union. May...

Reports emerging Wednesday from Westminster suggest that British Prime Minister Theresa May is set to resign, according to Sky News. It was reported earlier in the day that May was on her way to visit the Queen for her usual meeting.  May has laid out a fresh plan...

British Prime Minister Theresa May has outlined the changes to her European Union (EU) withdrawal deal that she hopes will allow Members of Parliament (MPs) to vote for the Brexit deal if it is voted on for a fourth time. Speaking at a press conference in central London, May explained that she had...

British Prime Minister Theresa May has agreed with Members of Parliament (MPs) from the Conservative Party that she will set a timetable for resignation from office after the fourth Brexit vote in early June. The announcement comes following a meeting between the 1922 Committee of Backbenchers and...

Members of Parliament (MPs) have indicated that they will vote down Theresa May's European Union Withdrawal Deal for a fourth time after the Prime Minister said she would bring the deal back to Parliament in early June. Labour Party officials have said they will vote against the deal if there...

At a briefing at the British Prime Minister's residence, Downing Street, on 29 April a spokesman for Prime Minister Theresa May has confirmed that there will be a delay of the next session of Parliament. That session is normally launched by the Queen's Speech, which gives details of the...

A meeting of the influential 1922 Committee of Conservative backbench Members of Parliament (MPs) on 23 April that attempted to change party rules to allow a vote of confidence on the Prime Minister ended without a conclusive decision. Conservative backbenchers are said to be split on whether to...