The statement came after a call between British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen
With fewer than 40 working days until the UK's transition period expires, international banks are accelerating plans to beef up in Europe to handle the increase in client activity from Jan 1
The Bank of England increased its bond-buying stimulus as it prepared for economic damage from new coronavirus lockdowns and the looming risk of Brexit
EU is considering stepping up its legal action against UK over legislation that would breach parts of the legally binding Brexit agreement that the EU and the British government reached late last year
By Gabriela Baczynska
Annual report on UK companies says retrospective amendment to India's Income Tax Act is a dampener.
Appearing with Japanese Foreign Minister Toshimitsu Motegi, Truss called the agreement a "landmark" as the first major trade deal for Britain since it returned as an independent trading nation
Britain formally left the EU in January and it has focused on negotiating new trade pacts with countries around the world as its status-quo transition period ends on December 31
The powers will come into force from Jan. 1 when Britain's informal membership of the EU ends and it no longer has to abide by the bloc's rules on free movement.
With talks between the UK and EU still deadlocked after the British prime minister nearly-but-didn't-quite stage a walkout Friday, that's the only way EU officials say they can secure trade deal
Earlier, Michael Gove, the minister overseeing Brexit, had said there was agreement on the need to intensify trade talks and work on legal texts, after the negotiations broke down last week
Britain and the European Union edged toward resuming their troubled trade talks on Monday, after the bloc's chief negotiator said he was ready to intensify negotiations
With just over two months before UK ends a status quo transition arrangement with EU, any chance of securing a trade deal was hanging in the balance after both sides called on the other to move first
EU chief negotiator Michel Barnier had been due in London for talks with his British counterpart David Frost this week
Moody's lowered the rating to "Aa3" from "Aa2," putting Britain on the same level as Belgium and the Czech Republic
Johnson asks UK to prepare for the latter; UK-based Indian businessmen hope a compromise will be found
UK foreign minister said that there are only narrow differences remaining in trade talks between the UK and the EU, but insisted the bloc must show more flexibility if it wants to make a deal
David Frost said he was "disappointed" and "surprised" that the conclusions at a summit of European Union said that the regional bloc is no longer committed to working "intensively"
The EU leaders meeting in a summit on the day British Prime Minister Boris Johnson had set as a potential cutoff point for the acrimonious negotiations
Britain left the EU in January and the estranged allies have since been locked in complex negotiations to try and keep trading without tariffs or quotas from 2021