Flash Crash
We are more likely to end up leaving the European Union without a deal if parliament rejects the agreement Theresa May has negotiated with Brussels, Brexit minister Stephen Barclay said […]
Sterling Bounces Back
Sterling tumbled to its weakest since April 2017 yesterday after Prime Minister Theresa May pulled a parliamentary vote on her Brexit deal with the European Union, panicking investors about deepening […]
Theresa – May Lose Vote Next Tuesday
A senior lawmaker in Prime Minister Theresa May’s Conservative Party said he would vote against her Brexit deal and predicted parliament would reject it by at least 80 votes, The […]
December 11th Vote Will Go Ahead
Next week’s parliamentary vote on British Prime Minister Theresa May’s deal will go ahead, interior minister Sajid Javid confirmed this morning, rejecting media speculation that the government might not go […]
More Pressure On May
The DUP who prop up British Prime Minister Theresa May’s government sent her a stark warning over her draft Brexit divorce deal, pulling support in several parliamentary votes on a […]
Pound Hits Fresh Lows
Sterling hit a ten-week low on this morning as concern about Britain’s departure from the EU led investors to largely ignore hopes of an end to austerity raised by Britain’s […]
Brexit Latest
The British pound sits near a seven-week lows against the dollar this morning and three-week lows versus the euro, as doubt grows about whether the UK and the European Union […]
PM Has Backing From Her Party
Theresa May received a show of support from her Conservative Party at a meeting in parliament, shifting the focus away from talk of an imminent leadership challenge over her Brexit […]
UK CPI & RPI Weaker
Sterling drops notably just after September consumer inflation data came in lower than expected. Headline CPI slowed to 2.4% yoy, down from 2.7% yoy and missed expectation of 2.8% yoy. […]
Barnier Throws Spanner In The Works
On Wednesday Sterling rose half a percent after European Union Brexit negotiator Michel Barnier signalled progress on a deal with the UK over its withdrawal from the bloc, as well […]