The U.K. now sees its banks having a similar relationship with the European Union after leaving the bloc as Japanese ones do. The latest U.K. paper published Monday confirms the government wants a form of "equivalence" on financial services — where the EU recognizes that ...

The European Union is set to throw embattled British Prime Minister Theresa May a lifeline in Brexit talks because of concern that the biggest risk to getting a deal done is now whether she can cling to power. EU officials say negotiators won't reject outright ...