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 ›
United Kingdom
Growing consensus in UK cabinet to accept customs union with the EU
This report from The Sun should be viewed with caution since the option to keep Britain in a customs union with the EU, was defeated by three votes during a round of indicative voting on alternative Brexit options on Monday.
Britain should not go soft on economic crimes post Brexit: TSC
A report from the British Parliament’s Treasury Select Committee (TSC) has called for improving anti-money laundering standards post Brexit. On Friday, a panel of British lawmakers stated, Britain should not go soft on anti-money laundering standards in order to win… Read More ›
London-based Euro Zone banks should be fully prepared for Brexit by March: ECB supervisory chief
Any pending supervisory concerns for the London-based banks relocation relocating to the Euro Zone will be addressed in the coming weeks. In a statement that essentially amounts to a call for action, European Central Bank supervisory chief Anrea Enria stated,… Read More ›
Construction industry booming in UK cities: Deloitte’s real Estate Crane Survey
The results of Deloitte’s real Estate Crane Survey is surprising given the uncertainties surrounding Brexit. On Tuesday, in a report accounting firm Deloitte disclosed, construction activities in four regional cities in Britain have touched a record high despite the uncertainty… Read More ›
Brexit deal can be clinched within the next 24 to 48 hours: David Lidington
Here are the comments made by British Prime Minister Theresa May’s de facto deputy to BBC radio. On Tuesday, David Lidington, a British Cabinet Office Minister who is considered as British Prime Minister Theresa May’s de facto deputy told BBC… Read More ›
Global expenditure on advertising to grow at 4.5% through 2018: Zenith
The bulk of the spending on advertising will be allocated to social media ads and paid searches on search engines. As per a report prepared by Zenith, an industry forecaster, companies across the globe would have spend nearly $581 billion… Read More ›
Britain has a backup plan for a Cliffhanger Brexit
As per Philip Rycroft, Permanent Secretary at the Department for Exiting the European Union (DExEU) Britain’s has provided for such a possibility. On Tuesday, as per the senior most official in Britain’s Brexit ministry, he is confident that plans are… Read More ›
Britain’s Financial Reporting Council fines KPMG for 3 million pounds
On Monday, Britain’s Financial Reporting Council stated, it has imposed a fine of three million pounds on accounting firm KPMG. Apart from the fine, it has also reprimanded and fined KPMG’s senior partner Michael Francis Barradell for misconduct related to… Read More ›
Cost to recruit global talent could rise by nearly 300% in UK
Falling back to the Tier 2 visa system, in the event of Britain failing to secure a bilateral agreement with the EU on the movement of people, is likely to be a costly affair given that Tier 2 visa applicants… Read More ›