The British parliament’s decision on April 12 will be is a milestone that Brexit watchers will be looking at very keenly. According to Roberto Azevedo, Director-General of the World Trade Organisation (WTO), if the United Kingdom were to leave the… Read More ›
Brexit
Growing consensus in UK cabinet to accept customs union with the EU
This report from The Sun should be viewed with caution since the option to keep Britain in a customs union with the EU, was defeated by three votes during a round of indicative voting on alternative Brexit options on Monday.
Will take “long hard look” at British operation in case of a cliff-hanger Brexit: Ford Motor
Ford builds only engines in the UK. It does not build any cars. On Tuesday, U.S. carmaker Ford Motor stated, it would have to take a “long, hard look” at its British operations, including two of its engine factories, if… Read More ›
Canaccord Genuity Group Inc to restructure capital market business over Brexit-related uncertainties
Canaccord Genuity Group Inc expects significant job cuts in its capital market business in the UK however, it will not effect its wealth management business in the UK or Europe. In a significant development, Canaccord Genuity Group Inc stated it… Read More ›
Irish manufacturing activity grows at a steady pace: PMI
Stockpiling and ramping up operations ahead of Brexit has helped in boosting production levels. As per the results of a survey released on Monday, Irish manufacturing activity grew at an almost identical rate in March compared to February. An increase… Read More ›
British parliament to vote on May’s diluted Brexit package today
May’s floundering efforts to get her Brexit deal approved has resulted in a few diplomats opining that Britain was most likely headed for chaotic tumble out of the EU. The bloc is likely to push ahead with contingency preparations next… Read More ›
Brexit – A Shakespearean tragedy starring Theresa May
British Prime Minister Theresa May is a puppet at the hands of the rebel lawmakers, including ones from her own Conservative Party, as well as that of the Northern Irish Democratic Unionist Party (DUP), which props up her minority government…. Read More ›
$1.32 trillion to leave London ahead of Brexit: EY
Asset managers, banks, and insurers in London are expanding their European operations or opening new offices there to avoid a disruption from Britain’s potentially chaotic departure from the European Union. On Wednesday, in a significant development, Earnest and Young (EY)… Read More ›
Brexit slashes Britain’s economic growth to lowest in a decade
The British Chambers of Commerce (BCC) has warned of greater economic harm if the geo-political scenario does not quickly get a more stable footing. As per the British Chambers of Commerce (BCC), companies across industry segments are looking to cut… Read More ›
May grows more cautious for Tuesday’s Brexit vote in parliament
Tomorrow’s vote will depend on whether May has the numbers backing the deal. On Monday, Britain’s Foreign Minister Jeremy Hun stated, the Britain’s government will only hold another meaningful vote on Prime Minister Theresa May’s Brexit deal on Tuesday provided… Read More ›