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 ›
GE had already received the EU’s nod for this deal, it has now won the U.S. Justice Department’s approval as well. On Monday, the U.S. Justice Department disclosed that it has given the go ahead to General Electric Co acquisition… Read More ›
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 ›
May plans on creating a ministry for trade tasked with the sole purpose of boosting bilateral trade relations with “old friends and new allies”. On Monday, Theresa May’s Conservative Party has presented its post-Brexit scenario of setting up a network… Read More ›
The surprise revelations of her tax strategy vis-à-vis the elderly in Britain is telling. It is better for Britons to know all of her Trojan Horse revelations before the polls then after. In an interesting turn of events, British voters… Read More ›
While end users will benefit, insurers will have to bite the bitter pill of additional costs. With the introduction of uniform international book-keeping standard, details of which are to be published on Thursday, slated to take place from January… Read More ›
Based on Theresa May’s Brexit stance, most large banks in Britain are working on the assumption that that the most likely outcome of Brexit will be Britain losing its access to EU’s single market and resulting in ‘Hard Brexit’. As… Read More ›
The youngest leader in the G7, Macron’s win essentially consolidates the irreversible progressive consolidation of unity against a backdrop of disruptive elements. With Emmanuel Macron wining the French elections, investment markets in Europe were in a celebratory mode. Although polls… Read More ›
The move underscores the ferocity of the competition in the booming airlines industry. On Thursday, Boeing asked the U.S. Commerce Department to investigate into alleged unfair pricing and subsidies received by Canadian airplane manufacturer Bombardier, thus adding to the growing… Read More ›
The British industry is hoping to closely coordinate and work with the European agencies to retain their edge. However unless they can work up a miracle and secure passporting rights, access to the bloc’s single market will be elusive. Pharmaceutical… Read More ›
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