S&P warns: no-deal Brexit could mean UK recession
S&P’s scenario shows that property prices would drop and inflation would rise to more than 5 percent. The agency also said it might downgrade the UK’s credit rating, which would […]
Brexit
US threathens to block EU banks over Brexit
A top US regulator has threatened to prevent European banks from accessing US futures markets over EU plans for the oversight of foreign clearing houses after Brexit. Speaking at the […]
BREXIT: What’s in it for us?
Much has been said about the shape of things to come, post the Brexit referendum of June 2016, and considering that Article 50 took its time to be invoked, most […]
PM May: No-deal Brexit could be the next problem
The EU’s chief Brexit negotiator Michel Barnier on Tuesday called for more time to reach a deal with London, as fears grow about Britain crashing out of the union with […]
Brexit: House prices could fall by 33% in case of no-deal
Bank of England governor Mark Carney needs to clarify whether house prices would be slashed by a third in a ‘no deal’ Brexit, the chair of the Treasury select committee […]
Brexit effects: The City will lose 5000 jobs
Britain’s financial services minister has backed an estimate by the Bank of England that the financial services sector will have lost 5,000 jobs to Europe by day one of Brexit. […]
UK: no preferences for EU migrants after Brexit
EU nationals should be subject to the same rules as migrants from the rest of the world after free movement ceases to apply in the UK post-Brexit, the Cabinet has […]
Theresa May: Chequers plan or no deal
British Prime Minister Theresa May has warned rebels in her ruling Conservative party that unless they support her potential Brexit deal with the EU they will face a no deal. […]