The euro to pound (EUR/GBP) exchange rate is loitering near its lowest point since January as investors focus on the Brexit debate. It is also struggling as concerns about the relatively elevated Euro...
Tag: Brexit
U.K.’s FTSE 100 scaling fresh highs despite cost of living crisis
The sun rises over the city on Feb. 6, 2023 in London, United Kingdom. Leon Neal | Getty Images News | Getty Images LONDON — The U.K. is facing the weakest growth prospects in the G-7 and a catalogue ...
Pound’s Tentative Recovery Masks Worst Year Since Brexit Vote
(Bloomberg) — Most Read from Bloomberg A turbulent year for the pound is coming to an end with little evidence that 2023 will be much different. Signs of a painful UK economic downturn keep pili...
WildCard Scenarios For 2023 And What Not To Worry About
TOPSHOT – Iranian pro-government protesters burn flags of the US, Israel and Britain during a rally … [+] against the recent anti-government protests in Iran, in Tehran, on September 25, 2...
U.K. lags OECD average with pandemic GDP recovery
LONDON — U.K. growth has lagged the world’s biggest economies since the Covid-19 pandemic and is substantially below the OECD average, according to a new report from the influential Paris-based ...
What a long-term weak pound means for the U.K. economy
A British one pound coin sits in this arranged photograph in London, U.K. Bloomberg | Bloomberg | Getty Images LONDON — The British pound‘s exchange rate against the U.S. dollar has been on a ro...
Billionaire Says Britain May Be Forced to Seek Bailout From IMF if It Does Not Renegotiate Brexit Deal – Economics Bitcoin News
British billionaire investor Guy Hands has reckoned that Britain will become “the sick man of Europe” and may be forced to seek a bailout from the International Monetary Fund (IMF) if it does not rene...
Who Is Next After Liz Truss?
BIRMINGHAM, ENGLAND – OCTOBER 02: Chancellor of the Exchequer Kwasi Kwarteng (L) and Britain’s Prime … [+] Minister Liz Truss watch a tribute to Queen Elizabeth II on the opening day...
London Heathrow says the demand for air travel remains uncertain
The biggest airport in Europe by passenger numbers, London’s Heathrow, is not expecting to come into profit this financial year. Anadolu Agency / Contributor / Getty Images LONDON — Europe’...
Postal workers in the UK agree crunch strike talks with Royal Mail bosses
LONDON – August 26, 2022: CWU general secretary Dave Ward (in grey suit jacket) visits the picket line in Whitechapel on August 26, 2022. Members of the Communication Workers Union (CWU) voted i...
GBP/USD Reaches 1.1500 With UK Politics and Brexit Testing Buyers
The week started well for the Britain Pound Sterling, but the currency does not appear to be holding its progress. Wednesday witnessed the GBP/USD pair falling back to 1.1500, fading its corrective bo...
Liz Truss promises action on soaring energy bills in first speech as UK PM
Liz Truss promised to tackle soaring energy bills in her first speech as U.K. prime minister outside 10 Downing Street. Leon Neal / Staff / Getty Images LONDON — Britain’s new prime minister, Li...
Britain’s next prime minister to be announced
Former Finance Minister Rishi Sunak or current Foreign Secretary Liz Truss will be announced as the U.K’s new prime minister later Monday. Dan Kitwood / Staff / Stringer / Getty Images LONDON — ...
Rail walk-out kicks off in UK amid fears of a summer of pay strikes
Forty thousand U.K. Network Rail staff and workers at 13 train operators have staged walkouts over pay in Britain’s biggest rail strike in 30 years. Jeff J Mitchell | Getty Images News | Getty I...
Is Oxford Ruining British Politics?
[UNVERIFIED CONTENT] Charles Cecil Cotes, the album compiler, is standing at far left. Standing at … [+] back in the corner with arms folded is Archibald Philip Primrose, the 5th Earl of Roseber...
Can Small Businesses Adapt Their Supply Chain With Current Challenges?
2021 brought rising shipping and oil costs and major supply issues, largely driven by shipping … [+] disruption, container shortages, COVID staffing challenges and Brexit red tape. What can smal...
Brexit May Prove a Blessing in Disguise for UK Crypto Industry
U.K. crypto executives are cautiously optimistic about the country’s prospects of becoming a global crypto hub following recent initiatives to prevent more firms from leaving the country. Last month, ...
5 Ways Retail Businesses Can Manage Price Increases
With costs increasing across the board, retailers are looking for ways to cope with price rises. getty After two years that have been full of challenges, from Brexit to the pandemic, the UK’s cost of ...
When Will Boris Go?
LONDON, ENGLAND – NOVEMBER 05: UK Prime Minister Boris Johnson answers questions during a briefing … [+] on the current coronavirus pandemic, in Downing Street on November 5, 2020 in Londo...