Does it always have to be May’s way or the highway? Britain’s economy lies in the balance. In a significant development, Britain’s opposition party leader Jeremy Corbyn has moved a step closer to paving the way for a second referendum… Read More ›
Brexit
British banks shrug off Brexit drama at Westminster
Banks shares have risen modestly giving hopes of a compromise Plan B for Brexit. On Wednesday, the share prices of British banks witnessed heavy losses in the wake of the parliamentary vote on the Brexit deal which saw one of… Read More ›
British parliament to decide fate of Brexit today
May’s Brexi deal faces strong headwinds in parliament. Today’s vote will not only decide her May’s career but also chart Britain’s economic and geo-political future in the days to come. On Tuesday, in a historic vote in the British parliament… Read More ›
British Prime Minister likely to force second vote on Brexit deal: The Sun
Britain’s economic future will be decided today in Parliament. Options range from reversing Brexit to a cliff hanger Brexit. As per a report from British tabloid ‘The Sun’, Prime Minister Theresa May is likely to force a second parliamentary vote… Read More ›
Britain will choose to be with the EU: one of Brexit’s leading donors
Hedge funds will gain both ways: those that had bet on Brexit had reaped the benefits of betting against UK assets, are now re-positioning for these assets to get stronger. In a significant development, two of the biggest donors to… Read More ›
French insurer AXA to relocate UK staff to Ireland
The decision to relocate staff was taken much ahead of AXA’s acquisition of XL.The number of people who will be relocating have not been disclosed. Aimed at mitigating risks from Britain potential departure from the European Union, French insurer AXA… Read More ›
A no-deal Brexit is not in Britain’s best interest: Philip Hammond
The British parliament has begun a 5-day debate on the Brexit deal. Philip Hammond, Britain’s Chancellor of the Exchequer, made it lucid that leaving the European without a deal is not in Britain’s best interest. He however did not elaborate… Read More ›
UK Businesses see border delays as significant Brexit risk: EEF/AIG survey
Although Britain is scheduled to depart from the EU on March 29, what will happen on that day is still unclear. This is a significant issue for British businesses since they routinely import and export materials and goods from the… Read More ›
British Communities Secretary James Brokenshire’s letter reveals Britain’s Brexit preparedness
A letter by the British Communities Secretary’s to the Treasury reveals Britain’s Brexit preparedness. Britain is scheduled to leave the EU on March 29, 2019. Britain’s Chancellor of the Exchequer Philip Hammond has been accused by his cabinet colleagues of… Read More ›
Number of Britons applying for Irish passports ride dramatically ahead of fast approaching Brexit
Anybody born in Northern Ireland, or who has an Irish parent or grandparents, is entitled to an Irish passport. In 2018, the number of British citizens applying for Irish passports has risen by 22% – a rise of more than… Read More ›