On Wednesday, Klaas Knot, governor of Netherland’s central bank, who also sits on the European Central Bank’s Governing Council stated, in the event of a hard Brexit in 2020, the damage to the economy would be as great had Britain… Read More ›
no deal
British Prime Minister Boris Johnson facing rebellion from cabinet member over no-deal Brexit
According to a report from The Times, a large number of conservative members of the ruling cabinet are likely to quit in case of a no-deal Brexit. On Wednesday, as per a report from the Times newspapers, British Prime Minister… Read More ›
No time to renegotiate complete Brexit – Macron to Johnson
While Brexiters have acknowledged that a no-deal Brexit will significantly impact the country’s economy they however argue that this disruption will not last long and that UK will be free to chart its own course and make trade deals with… Read More ›
Boris Johnson’s wafer-thin majority now on a sticky wicket
pro-European Union Liberal Democrats have won a parliamentary seat from Brecon and Radnoshire. On Friday, In a development that marks the first blow to British Prime Minister Boris Johnson after taking office, Britain’s pro-European Union Liberal Democrats won the parliamentary… Read More ›
BMW to shift production in case of cliffhanger Brexit
BMW could relocate production of the Mini from Oxford to Netherlands, in case of a no-deal Brexit. In a significant development, BMW’s Chief Executive Harald Kruege disclosed, it could relocate more of its production facilities of its Mini to a… Read More ›
Boris Johnson heads to Scotland and Wales in his push for no-deal Brexit
During his tour, Johnson is set to announce a $371 million new funding package as he tries to goad leaders to accept his no-deal strategy. On Monday, with Boris Johnson making his first official visit to Scotland as Prime Minister,… Read More ›
Economic impact of no-deal Brexit should be known before Britain opts for it: Bank of England Governor
A vote for a No-deal Brexit option should have “absolute clarity” on what it would mean for the British economy. In a significant development, Mark Carney, Bank of England’s Governor made it lucidly clear that Britain could opt of a… Read More ›
Cliffhanger Brexit will have deep impact for select sectors: WTO’s Director-General
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 ›
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 ›
British lawmakers throw Britain in Chaos
Investors and analysts expect British lawmakers to firmly reject a no-deal Brexit; this opens up the possibility of a second referendum, a delayed Brexit or even a snap election. British lawmakers struck yet another blow to Prime Minister Theresa May’s… Read More ›
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