Bloomberg The UK will fall into a “short, shallow recession” around the turn of the year as Brexit hits house prices, jobs and spending, according to the EY Item Club. In a report to be published on Monday, the forecaster will say it’s slashing its 2017 growth estimate to 0.4 percent from 2.6 percent and predicting the Bank of …

  AFP The head of Britain’s new Brexit ministry on Sunday said that EU migrants arriving between now and the country’s official departure from the bloc may not be guaranteed the right to remain. David Davis told the Mail on Sunday that he would negotiate with European leaders to secure “a generous settlement for EU migrants here now and a …

  Bloomberg The U.K. and Australia are eager to negotiate a free-trade agreement as soon as possible, the two nations’ newly appointed premiers said following a telephone conversation. U.K. Prime Minister Theresa May, who took office 19 days after her country voted to leave the European Union, and her Australian counterpart Malcolm Turnbull said they will meet at the G-20 …