Emerging economies are expected to take longer to outpace the growth of developed economies, as per a forecast by Centre for Economics and Business Research. According to a report from the Centre for Economics and Business Research, the economic… Read More ›
Brexit
Rising risks of ‘managed’ Brexit: senior British Minister
If British Prime Minister Theresa May does not win sufficient support for her Brexit deal from Brussels, the likelihood of a managed disorderly exit from the EU is likely to rise. According to a senior British minister, British Prime Minister… Read More ›
Lack of clarity in Brexit has significant consequences for airlines industry
The leadership challenge faced by British Prime Minister Theresa May will have serious consequences for Brexit, including its extension or cancellation. Alexandre de Juniac, the head of the International Air Transport Association (IATA) has stated, the leadership challenge to British… Read More ›
French companies need to wake up to no-Brexit deal: Gerald Darmanin
British Prime Minister Theresa May faces strong headwinds in her efforts to push the Brexit deal through her divided party and Britain’s parliament. Gerald Darmanin France’s Minister of Customs stated, French companies need to be more prepared to the reality… Read More ›
UK open to a trade deal with U.S.
Brexit allows Britain to have an independent trade policy. A framework for a trade agreement with the U.S. has already been laid. Following U.S. President Donald Trump’s statement saying U.S.-U.K trade could be potentially hit due to Britain’s trade arrangements… Read More ›
Tories to back May’s Brexit deal if timetable for departure is tabled: The Times
The Tories are pushing for a Canada-style agreement. As per a report from The Times, Brexiteers “will back British Prime Minister May’s deal if she says when she’s quitting”. The Times report states the Tories are likely to soften their… Read More ›
European Securities and Markets Authority wants no disruption to UK clearing houses
Irrespective of whether negotiators and lawmakers manage to hammer out a Brexit deal, the European Securities and Markets Authority (ESMA) wants no disruption to central clearing. On Friday, in a significant development, the European Securities and Markets Authority (ESMA) stated,… Read More ›
EU-Britain agrees on declaration on their future ties
Much of the noise coming out of Britain was in this general direction. This draft declaration could potentially stymie headwinds for British Prime Minister Theresa May. On Thursday, as per an official from the European Union with knowledge of the… Read More ›
Theresa May rallies business houses to support her draft Brexit deal
May’s deal focusses on a key issue, the immigration system, which was a significant factor in the Brexit referendum. Facing dissenters from within her own party, British Prime Minister Theresa May has scrambled to win support from business leaders for… Read More ›
Rolls Royce continuing with Brexit contingency plans: CEO Warren East
Rolls Royce is focusing its efforts to continue doing business irrespective of the manner Britain departs the EU. On Friday, Britain’s airplane engine maker Rolls-Royce stated, it was continuing with its contingency plans vis-a-vis Brexit. The development comes midst growing… Read More ›