According to analysts, there are multiple factors, including an internal clampdown on riskier lending practices, slowdown in global economy and U.S. trade action, because of which the Chinese economy is cooling down. \ In February 2019, in what is possibly… Read More ›
Richard Harrington, Britain’s junior business minister expects parliament to take charge in the event of a cliff hanger Brexit. Britain’s junior business minister Richard Harrington stated, the Bank of England may have to step in to pump in money into… Read More ›
Given the lack of clarity and the chaos surrounding Brexit, the likelihood that Britain will ask for an extension and EU’s acceptance of it, is high opined Jose Barroso non-executive chairman at Goldman Sachs who was also a former president… Read More ›
Manufacturing companies appear to be done with contingency plans. They are now doubling down on their alternative plan and moving their production out of Britain due to lack of clarity from Brexit. As per a report from The Times, Ford… Read More ›
Le Maire made it very clear that if Britain goes the no-deal route, it will not ease the process by offering deals on logitics and aviation. Supply chains could be significantly affected in case of a cliff-hanger Brexit. French Finance… Read More ›
May’s counter to this development needs to be weighed in, since irrespective of grant of an exception to extend Brexit, there is no change in the decision itself – No Brexit, No deal or deal. An attempt by British lawmakers… Read More ›
Does it always have to be May’s way or the highway? Britain’s economy lies in the balance. In a significant development, Britain’s opposition party leader Jeremy Corbyn has moved a step closer to paving the way for a second referendum… Read More ›
The British parliament has begun a 5-day debate on the Brexit deal. Philip Hammond, Britain’s Chancellor of the Exchequer, made it lucid that leaving the European without a deal is not in Britain’s best interest. He however did not elaborate… Read More ›
Although Britain is scheduled to depart from the EU on March 29, what will happen on that day is still unclear. This is a significant issue for British businesses since they routinely import and export materials and goods from the… Read More ›
A letter by the British Communities Secretary’s to the Treasury reveals Britain’s Brexit preparedness. Britain is scheduled to leave the EU on March 29, 2019. Britain’s Chancellor of the Exchequer Philip Hammond has been accused by his cabinet colleagues of… Read More ›
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