Browsing Tag

Brexit

The Key Points in the Brexit Deal

The Key Points in the Brexit Deal From the Irish border to the divorce bill, the deal struck Friday between Britain and the European Union covers the main terms of divorce. It also paves the way for the 2 sides to start negotiating on…

BREXIT – £36bn Divorce Bill

Downing Street sources have played down reports that the UK is prepared to pay a divorce bill of up to £36bn to try and force progress in stalled Brexit talks. The figure amounting to some €40bn would be offered in a bid to push discussions…

UK Economy Has Dropped Since Brexit

Bank of England says Brexit and the uncertainty around it has already hit people’s incomes and is weighing down the economy. Households have cut back on spending and businesses on investment, slowing the economy’s growth. It comes as the…

Brexit – Fight For Euro Clearing

The battle to control euro clearing once the U.K. leaves the European Union is getting uglier. LCH, the London Stock Exchange Group Plc unit that dominates euro clearing, wants to stop the European Central Bank from gaining the power to…

British Pound (£) Highlight Overview

Highlights At the end of a tumultuous week for the UK economy, the pound has dropped by -0.4 per cent against the US dollar. The Pound to Dollar exchange rate is seen trading in familiar territory at the start of a new week in global…

Brexit: Situation Report

British Prime Minister Theresa May said there would be no way to delay a June 19 start to Brexit negotiations as she urged voters to give her a strong mandate in a national election due next week. “Those negotiations will start just 11 days…

Euro (€) Trading & The Election

Euro (€) Trading & The Election Voting is under way in the final round of France’s presidential race after a massive online dump of front runner Emmanuel Macron’s campaign data delivered a final dramatic twist to the country’s most…

BREXIT – Latest News

BREXIT - Latest News Highlights The chief executive of Goldman Sachs has warned that London’s financial centre will “stall” due to the turmoil of the Brexit process. EU will be a smaller continent, economies will shrink…

Brexit Predictions Were Wrong

Brexit Predictions Were Wrong $GBP The Bank of England's chief economist says forecasters got it wrong when they predicted a sharp economic downturn if Britain voted to leave the European Union. Andy Haldane says the country's…

Impact of BREXIT in USA

New data from the National Center for the Middle Market (NCMM) suggests more than one-quarter of U.S. middle market companies will decrease business investments in the United Kingdom following the results of the "Brexit" referendum. About…