Theresa May

The British pound was relatively stable Wednesday morning at $1.2451 after Prime Minister Theresa May submitted a letter to the European Union and triggered Article 50, which formally begins the "Brexit" process. People in the United Kingdom voted last year to leave the European Union and...

The British people voted in the Brexit referendum last year to leave the European Union. Although many months has passed since the vote, the process will officially begin when the country's Prime Minister Theresa May triggers "Article 50" as promised by the end of March. Article 50 of...

The British pound posted its best single-day performance in nearly a decade on Tuesday after Prime Minister Theresa May eased some Brexit-related concerns in a speech. Heading into Tuesday's speech, the British pound was trading below $1.20 and was approaching its post-Brexit lows of $1.184. May's...

The British pound recorded on Tuesday its best single-day performance since 2008. Bloomberg's Richard Jones explained during Tuesday's "Bloomberg Daybreak: Americas" segment that there are several moving parts which support the pound's gains of nearly 3 percent against the U.S. dollar. What Made...

The British pound rebounded from below $1.20 on Tuesday after flirting with its post-Brexit lows of $1.1841 ahead of a speech given by Prime Minister Theresa May. May said in a speech in London that the United Kingdom will leave the single market as part of the Brexit process and has no interest in...

The British pound traded as low as $1.2125 on Monday which marks its lowest level in 10-weeks after Prime Minister Theresa May suggested that UK-based businesses may lose access to Europe's single market - the European Union. May said in an interview with Sky News on Sunday that as part of...

CNBC posted a cringe-worthy video of the U.K.'s Prime Minister Theresa May awkwardly looking for someone to talk to. For a full minute, May is standing all by herself yet is surrounded by a room full of people who are hugging and kissing each other. At the 0:47 mark of the video she turns around...

The British pound gained more than 1 percent in value against the U.S. dollar on Thursday after a ruling will force the U.K. parliament to hold a vote before the official process of Brexit can commence. The outcome of the Brexit vote in late June was clear: The people voted to leave the European...

The British pound experienced a nasty flash crash Thursday evening and failed to recover all of its losses on Friday. On Monday, the currency was trading lower by nearly 0.50 percent, as Brexit concerns aren't fading away. According to Bloomberg, the U.K.'s Prime Minister Theresa May is visiting...

The U.K.'s pound plummeted to a 31-year low early Asian trading Friday, as investors slowly and steadily reacted to the realization that a Brexit will soon become a reality. However, since then, the U.K. currency has recovered most of the lost ground and is trading at $1.2455 a pound, off the day's...

The British pound was trading lower by more than 0.50 percent Tuesday morning at $1.2758 and traded as low as $1.2737, which marks not only a new 52-week low but the lowest levels in 31 years. The currency has been under pressure since UK Prime Minister Theresa May provided some much needed...

The British people voted in June to withdraw membership from the European Union - a process which has now been put into motion. Following the Brexit vote, the British government needed to give formal and official notice, as detailed in Article 50 of the Lisbon Treaty, to the European Union that...

According to the U.K.-based publication Spectator, Apple Inc. (NASDAQ: AAPL)'s $14.5 billion tax bill handed to them by the European Union on behalf of Ireland represents the "kind of EU behavior" the people of the United Kingdom voted against. Spectator noted that for years, Ireland hoped to...

The people of the United Kingdom voted in late June that their country is best served outside of the sphere of influence of the European Union. Related Link: Brexit Dust Is Still Settling The vote, dubbed "Brexit" was certainly controversial and heavily debated by both sides. Nevertheless, the "...