The uncertainty surrounding Britain, especially after the outcome of its June 8 snap elections, is taking a toll on the health of its economy. As per a board member for sales at BMW, the carmaker will take a decision as… Read More ›
Brexit
BMW to decide location of its electric Mini plant by Sept 30
The uncertainty surrounding Britain, especially after the outcome of its June 8 snap elections, is taking a toll on the health of its economy. As per a board member for sales at BMW, the carmaker will take a decision as… Read More ›
Hedge funds take aim at Brexit-hit retailers
Political and economic uncertainties arising out of Brexit and May’s surprise snap elections are significantly contributing to falling sales for retailers in the UK. Britain’s inconclusive general elections along with its upcoming exit from the European Union has many hedge… Read More ›
Weakening pound boost British exports
Here is a brief summary of the central bank’s assessment of the British economy. On Wednesday, the Bank of England reported that although British consumers are coming under increasing pressure from rising inflation, the weakening sterling was boosting export volumes… Read More ›
There are advantages to remaining within the European customs union
The life of Britain’s successful auto industry hangs in the balance. On Tuesday, Britain’s car industry set out its list of Brexit demands to British Prime Minister Theresa May’s government, warning that a return to WTO rules could permanently damage… Read More ›
Sterling takes a beating as exit polls predict a hung assembly
Much like the June 23 referendum, the British elections could yield some rather unexpected results. With the British elections appearing not to provide a single party a clear majority, investors who had already weathered major risks in Europe and in… Read More ›
Ashcroft model predicts a win by the Conservative Party by 64 seats
The model is contingent on the turnaround of select groups of voters on election day. As per a model created by businessman and former Conservative Party donor Michael Ashcroft, British Prime Minister Theresa May could potentially win a 64-seat majority… Read More ›
Futures Industry Association warns of heightened costs for relocating euro clearing post Brexit
The FIA has called for market forces to determine the location of the euro clearing from its current London location. The Futures Industry Association, (FIA) an industry body, underlined the fact that forcing banks to shift the clearing of euro… Read More ›
The difference in the lead between the Conservatives and Labour has narrowed down to just 1 percentage point
Britain has just 4 days left for the June 8 elections. As per the results of a poll by Survation, the lead by British Prime Minister Theresa May’s Conservative Party’s lead has dropped to a new low of just one… Read More ›
YouGov projection forecasts Theresa May losing the June 8 elections
May’s rating took a downward slide when she revealed her tax strategy for the elderly which opponents dubbed as “dementia tax”. As per a YouGov projection, British Prime Minister Theresa May could lose in Britain’s June 8 election. As per… Read More ›
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