While many European, American and Australian respondents of the Ipsos survey conducted on behalf of ING bank website eZonomics prefer going cashless, the survey shows that Germany has recognised the dangers of slipping into a cashless society, despite its lucrative… Read More ›
EU
EU to benefit from the relocation of Britain’s financial industry
EU leaders have prepared a draft guideline for Michel Barnier, EU’s Brexit negotiator Michel Barnier, before the commencing of Brexit negotiations. Leaders across the European Union have warned Britain that if it were to assume that its financial services industry… Read More ›
Brexit is more than just what meets the eye
Here are the views of EU’s foreign policy chief on Brexit during her visit to Beijing. Federica Mogherini, the European Union’s foreign policy chief, has stated that Britain is set to lose more than just its membership in the EU… Read More ›
Scotland could rewrite the UK’s history
If Scotland’s SNP party, headed by Nicola Sturgeon wins the UK’s June 8 general elections, it could potentially ensure Scotland’s stay in the EU. Nicola Sturgeon, Scotland’s First Minister has asked Scottish voters to vote for her Scottish National Party… Read More ›
UK Chamber of Shipping underscores the need for a transitory agreement between the EU and Britain
Without a transitory agreement which governs the customs at ports, May is likely to find it hard to provide seamless, frictionless trade. As per the head of Britain’s ports and shopping industry, the introduction of physical customs checks following Brexit… Read More ›
Britain’s tourism could be significantly affected without a transitional deal
An association of travel agents along with the British airlines industry have highlighted their requirements and the need for a transitional deal. An association of travel agents in Britain have stated that during Brexit negotiations Theresa May’s government should aim… Read More ›
May must prove no deal is better than a bad deal: UK’s parliamentary committee
Officials within the British government and analysts believe May has some strong cards to play. These probably includes trade deals with China which essentially amounts to aligning itself with China’s ambitious silk-road project through which it is aiming to achieve… Read More ›
Scottish demand for independence tied to access to EU’s single market bloc
Failure to deliver favourable terms for trade is likely to fuel demand for Scotland’s independence from UK. As per the results of a poll survey, Brexit may not fuel Scottish demand for independence since Scots prefer similar outcomes, like Britons… Read More ›
ECB’s will provide sufficient time for banks moving out of Britain
Banks based out of Britain who want to retain their passporting rights and still able to tap EU’s single market will be given enough time, possibly in years. Sabine Lautenschlaeger, an executive board member of the European Central Bank has… Read More ›
British manufacturers to brunt of a hard Brexit
The British manufacturing industry along with its financial and banking sector is likely to bear the brunt of a hard Brexit strategy. Today, British manufacturers have told Prime Minister Theresa May, it would be prudent to drop the threat of… Read More ›