With major issues facing Germany and the European Union at this critical juncture in history, it is critical that Germany maintains a stable economic outlook. On Monday, German Chancellor Angela Merkel stated, her efforts at forming a three-way coalition has… Read More ›
Brexit
VW’s board weighs allocation of $82.5 billion across the next 5 years for electric cars
One of the burrs that needs to be ironed out is Lower Saxony’s influence: not only is the state VW’s second biggest shareholder it is also its home state; Brexit related scenarios are also likely to add to the existing… Read More ›
Britain to introduce bills to enable it to manage post-Brexit scenarios
While the pro-Brexit camp has welcomed the provisions of the bill, the pro EU camp has warned that Britain may not have the independent capacity to strike new trade deals with other nations. On Tuesday, British Prime Minister Theresa May’s… Read More ›
CIPS survey reveals British firms struggling to secure orders from EU suppliers post March 2019
Following the Brexit referendum, with the dramatic fall of the pound was interpreted as being good for the economy by the Pro-Brexit interest groups, the results of a survey conducted by the Chartered Institute of Procurement and Supply (CIPS), are… Read More ›
London’s direct rule over Northern Ireland fraught with significant risks
British Prime Minister Theresa May’s minority government, depends on Northern Ireland’s Democratic Unionist Party (DUP) to pass legislation in Parliament. In a significant development, for the first time in a decade, the British government is set to impose a budget… Read More ›
Britain’s budget surplus promise is unrealistic: Institute of Fiscal Studies
Here’s what the Institute of Fiscal Studies, leading think tank in Britain, has to say on Britain’s post Brexit finances. On Monday, a think tank stated, the noble aims of British finance minister Philip Hammond to have a budget surplus… Read More ›
British lawmakers urge Theressa May’s government to outline its strategy vis-a-vis cross border pensions
Without access to the “grandfathering” process, the legality of insurance contracts to EU citizens, including UK expats, will be null and void. On Monday, British lawmakers have urged Theressa May’s government to address the status of cross-border pensions and insurance… Read More ›
Britain to unconditionally commit to security cooperation within Europe
A document which details Britain’s future commitments, including security, with EU has been released by the British government. In a development of far reaching consequences, Britain has stated it was unconditionally committed to the security situation in Europe. These disclosures… Read More ›
Risk managers in demand in European banks
With financial institutions expanding their European operations following Brexit, the market for risk managers has become highly competitive. Faced with an increased likelihood of financial companies exiting Britain, regulators in Europe have begun hiring risk specialists to prepare for the… Read More ›
Post Brexit custom checks could cost Britain north of $5.28 billion
A report prepared by the Institute underscores the needs for stability for British businesses and highlights potential pitfalls. As per the report of a think tank that was released on Monday, the introduction of post-Brexit customs checks could cost traders… Read More ›