Ashley Fox on Brexit and why the ‘No-Deal’ scenario is the most likely outcome. As per a report by The Observer which cites a leaked e-mail, the head of the Northern Irish party whose support is instrumental to British Prime… Read More ›
European Union
Brexit divorce deal almost within grasp: sources
This is coming from diplomats who were present at the negotiations. According to two sources present at the meeting where Brexit negotiations are being discussed, a divorce deal with Britain is “very close” to being realized. Both sides are pushing… Read More ›
Britain’s Brexit bill slated to rise with increasing EU budget liabilities
Although Britain is set to leave the EU in March 29, 2019, it has agreed to pay its share of debts and liabilities assumed by the EU until the end of 2020. According to EU data released on Thursday, Britain’s… Read More ›
Brexit does not mean deregulation for banks and financial institutions: UK watchdog
Backers of Brexit want new financial rules to be not overly burdensome. The FCA and its sister concern the Prudential Regulation Authority at the Bank of England clearly have their task cut out. According to a top UK regulator, investors… Read More ›
Eurosceptic lawmaker Jacob Rees-Mogg May’s Brexit plan will be rejected by Britain and the EU
While British lawmaker Jacob Rees-Mogg heaped negativity on British Prime Minister’s Brexit plan, the only alternative he cited was a no-deal exit whose economic consequences he failed to spell out. Britain’s Eurosceptic lawmaker Jacob Rees-Mogg said, neither the European Union… Read More ›
‘No Brexit’ deal will have a devastating impact on the car industry
British and EU’s carmakers will feel the effect of a cliff hanger Brexit. With Brexit’s March 29 deadline fast approaching and faced with growing fears of a cliffhanger exit , Britain’s carmakers have triggered some of their Brexit contingency plans,… Read More ›
U.S. would lose multiple front trade war: ECB study
The ECB’s simulation shows the U.S. will have bear the full brunt of the trade war, if Trump were to engage in it with more than a one country. In March Trump had said, trade wars were “… an easy… Read More ›
British carmaker Aston Martin preparing for October IPO worth $6.7 billion
According to Aston’s Martin’s CEO, Andy Palmer, investor interest in the IPO is high. The IPO will mark the 1st time a British carmaker has tapped the primary market in decades. On Thursday, British luxury carmaker Aston Martin stated, it… Read More ›
Danske Bank’s CEO Thomas Borgen quits midst a $234 billion money laundering scandal
Investors concerns were largely driven by the potential involvement of U.S. authorities which led to the nose diving of Danske’s shares. On Wednesday, Thomas Borgen, Danske Bank’s CEO quit following a money laundering scandal which involved $234 billion (200 billion… Read More ›
UK’s economic outlook “significantly worse” in case of no-Brexit deal: IMF
In its assessment, the International Monetary Fund stated a myriad unresolved issues still need to be ironed out before Brexit’s March 29 deadline. A no-Brexit deal will significantly impact the country’s economy. On Monday, the International Monetary Fund disclosed, Britain… Read More ›
manageria.biz 