Topic filter : Referendum

Most trending topics in Business & Finance ( last 24 hours ):
Largest Economy Economy Carmaker Scandal Transport Public Transport Negotiation Brexit House Price Asking Price FTSE 100 Deloitte Bidding Fiat Chrysler Fiat Homeowner Treasury Car Insurance Insurance Admiral Partnership Tenant Central Bank Pension Financial Crisis

Socially Most Trending News

....George Osborne was a worried man. It was May 2016 and the EU referendum was only a month away. ... [Read full article on Guardian ]
Sunday 20th of August 2017 06:00:35 AM
Total Trend count
97
Most trending on :
95 2
.... Male employment was at a level not seen since 1991, while female employment was at the highest rate since 1971. The ability of the economy to generate new jobs contradicts warnings by the Treasury before last year’s EU referendum that a vote to leave would lead to a sharp rise in the jobless total. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 08:36:46 AM
Total Trend count
32
Most trending on :
30 2
....Rising prices have been one of the big economic stories of the past 12 months, but for the past two months the financial markets have been surprised by the weakness of cost-of-living pressures. The reason for that is simple: the two factors that have been driving inflation higher since the summer of 2016 – higher global oil prices and the sharp fall in the value of sterling after the EU referendum – have almost washed through the system. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 10:01:53 AM
Total Trend count
21
Most trending on :
17 4
. Sterling’s plunge after the EU referendum is making Britain more attractive for foreign holidaymakers, resulting in a record number of overseas visitors in June. ... [Read full article on Guardian ]
Friday 18th of August 2017 04:16:40 PM
Total Trend count
19
Most trending on :
14 5
....The number of people cutting down on household spending is at the highest level for two years, as more than half of Britons said they looked to lower expenditure in the second quarter of 2017, according to Nielsen’s latest Global Survey of Consumer Confidence and Spending Intentions. The market research firm found consumer confidence has fallen sharply since the EU referendum, with the UK slipping from the second most confident country in Europe, behind only Denmark, to ninth place. ... [Read full article on Guardian ]
Thursday 17th of August 2017 11:26:01 AM
Total Trend count
18
Most trending on :
18

Latest Finance News related to Referendum

Quantitative easing is like heroin, says former Treasury official image
Source : Guardian [Read Article] Monday 21st of August 2017 12:50:12 PM
.... On Monday, he said it was “time to move on” from QE, which is credited with helping Britain into recovery but remains in use nine years later amid concerns over Brexit. Threadneedle Street initially began pumping £200bn into the gilt market in 2009 to boost the economy, before expanding the programme to £435bn, including an extra £60bn following the EU referendum. ...
Weaker sterling attracts record number of foreign tourists to UK image
Source : Guardian [Read Article] Friday 18th of August 2017 04:16:40 PM
. Sterling’s plunge after the EU referendum is making Britain more attractive for foreign holidaymakers, resulting in a record number of overseas visitors in June. ...
Rising inflation leads to sales falls in all UK retail sectors apart from food image
....The number of people cutting down on household spending is at the highest level for two years, as more than half of Britons said they looked to lower expenditure in the second quarter of 2017, according to Nielsen’s latest Global Survey of Consumer Confidence and Spending Intentions. The market research firm found consumer confidence has fallen sharply since the EU referendum, with the UK slipping from the second most confident country in Europe, behind only Denmark, to ninth place. ...
UK pay growth picks up as unemployment rate falls again image
Source : Guardian [Read Article] Wednesday 16th of August 2017 08:36:46 AM
.... Male employment was at a level not seen since 1991, while female employment was at the highest rate since 1971. The ability of the economy to generate new jobs contradicts warnings by the Treasury before last year’s EU referendum that a vote to leave would lead to a sharp rise in the jobless total. ...
Rail fare increase signals light at the end of the tunnel for UK inflation image
....Rising prices have been one of the big economic stories of the past 12 months, but for the past two months the financial markets have been surprised by the weakness of cost-of-living pressures. The reason for that is simple: the two factors that have been driving inflation higher since the summer of 2016 – higher global oil prices and the sharp fall in the value of sterling after the EU referendum – have almost washed through the system. ...
We helped save Europe: now Europe could save us from Brexit image
Source : Guardian [Read Article] Sunday 13th of August 2017 06:00:06 AM
....Can the Brexit culprit be the very same Conservative party whose prime minister Harold Macmillan never recovered from having his application to join the community turned down by General de Gaulle, his wartime friend, in 1963? And of Sir Edward Heath, who had worked for Macmillan on that earlier attempt, and who finally succeeded in securing our entry in 1973?. It is a popular view that Cameron’s handling of the referendum ranks him as the most disastrous British prime minister since Lord North, who lost the American colonies. ...
A tale of two housing markets: booming Burnley and stagnant Kensington image
Source : Guardian [Read Article] Saturday 12th of August 2017 03:00:48 PM
.... “Effectively, what Brexit has done is it is has thrown a large number of them on to hold, because they simply don’t know where their job is going to be,” he says. When last summer’s referendum sent the pound tumbling against other currencies, some analysts predicted a house price bubble in London, as foreign investors took advantage of the exchange rate to snap up properties. ...
For the first time ever I am defending banks. Here’s why | John Harris image
....What is pushing banks away from London is obvious enough. In the wake of the referendum, there was a lot of talk about the City somehow retaining its “passporting” rights, which allow banks and fund managers to do business freely across Europe. ...
UK trade deficit widens as fall in sterling fails to improve export sales image
Source : Guardian [Read Article] Thursday 10th of August 2017 03:13:41 PM
....The figures are the latest sign that a weak pound is failing to boost exports, despite making British goods cheaper abroad. The pound is 13% lower against the dollar than it was on the day of the EU referendum, at $1. ...
The experts strike back! How economists are being proved right on Brexit | Barry Eichengreen image
.... My favourite quote is from Michael Gove, Britain’s environment secretary. Just before the EU referendum in June last year, Gove, then justice secretary in David Cameron’s government, dismissed the all-but-unanimous view of economists and others that a decision to leave the EU would deeply damage the British economy. ...
'Political uncertainty' blamed for slowdown in UK property market image
Source : Guardian [Read Article] Thursday 10th of August 2017 05:01:28 AM
.... “Near-term price expectations continue to signal a flat trend over the coming three months at the headline level. Over the next 12 months, respondents remain more optimistic, with a net balance of +28% anticipating an increase in prices, albeit this was the least positive reading since last July, at the time of the EU referendum results. ...
Worldpay takeover deal: not bad, but could have been better | Nils Pratley image
Source : Guardian [Read Article] Wednesday 9th of August 2017 06:27:04 PM
.... Overall, operating profit improved 27% to £988m in the first half of 2017. In retrospect, the post-referendum panic in L&G’s shares was a wonderful opportunity to back a firm that preaches a long-termist gospel. ...
Britons shunning two-week holidays in favour of short breaks image
Source : Guardian [Read Article] Monday 7th of August 2017 12:27:00 PM
....While the general trend from 1996 to 2016 was a sharp rise in the number of holidays taken, the travel industry has faced tougher times since last summer’s Brexit vote. The pound fell sharply after the referendum, making overseas holidays more expensive and prompting some Britons to opt for staycations. ...
Trailfinders blames Brexit vote for wiping out £12m profit image
Source : Guardian [Read Article] Sunday 6th of August 2017 12:39:34 PM
....5m. Notes in the accounts for the company, which has more than 1,000 staff in 32 travel centres, said: “Trading profit was adversely affected by the sharp and overnight fall in the value of sterling immediately following the 23 June 2016 referendum. ...
UK car industry facing an 'utterly demoralising' Brexit image
Source : Guardian [Read Article] Friday 4th of August 2017 04:01:06 PM
....He said investments could be curtailed and the industry – which was overwhelmingly in favour of remaining – was also facing a multi-million pound bill for planning for the consequences of Brexit. Before the referendum a survey of the SMMT’s 700 members, which include manufacturers such as Jaguar Land Rover, Nissan and Toyota as well as small and medium sized supply chain companies, found that 80% wanted Britain to stay in the EU, with only 10% backing leave. ...
Pound PLUNGE: Holidaymakers get LESS than one euro in fresh getaway misery  image
Source : Daily Express [Read Article] Friday 4th of August 2017 01:14:00 PM
.... Travellers have been urged to take steps to get the best rates on holiday money. Ian Strafford-Taylor of FairFX said: “The pound has been subject to volatility since the Brexit referendum and to make matters worse, some currency providers appear to be taking advantage of it, to the detriment of holidaymakers. ...
How Britain fell out of love with the free market image
Source : Guardian [Read Article] Friday 4th of August 2017 05:00:34 AM
....Since Thatcher’s election in 1979, Conservative and Labour governments have privatised and deregulated, reduced taxes for business and indulged its excesses, opened up the economy to foreign capital and commercialised the national psyche, until Britain became one of the world’s most thoroughly neoliberal societies. And yet, at last year’s EU referendum, the votes of those “left behind” by all this played an unexpectedly pivotal role. ...
Brexit is putting firms off giving pay rises, says Bank of England image
Source : Guardian [Read Article] Thursday 3rd of August 2017 11:13:47 AM
....Carney’s account of what firms had been saying to Bank officials on pay and Brexit uncertainty may upset leave supporters. The governor drew criticism in the run-up to the EU referendum when he said there was a risk a vote for Brexit could spark a recession and raise unemployment. ...
Ireland's departing UK ambassador shares 'sadness' over Brexit image
Source : Guardian [Read Article] Wednesday 2nd of August 2017 06:00:39 AM
....Mulhall said that all sides needed to abandon enmities and needed to be “willing to do things that maybe they wouldn’t ideally want to do”, because no one, including the DUP, has said they want a hard border in Ireland. Mulhall said Irish-British relations had been neglected in the referendum, but now needed to be part of the calculation because of the risk to peace and to trading relations. ...
UK economy is about to surge back to life, says leading forecaster image
Source : Guardian [Read Article] Tuesday 1st of August 2017 11:01:30 PM
....A rise in business investment and productivity would spur a broad-based recovery that would allow the central bank to at least reverse the emergency cut last August. It said: “This rate increase should not be seen as a tightening in policy, but instead as a modest withdrawal of some of the additional stimulus that was injected into the economy after the 2016 EU referendum. ...
Mock chocs: is Poundland’s cut-price confectionery the answer to shrinkflation? image
....More inspiring results from the self-harm Olympics that is Brexit, and now we are hitting ourselves where it hurts: chocolate. Following the referendum, big-name brands have reduced the size of their most popular items, while – in a bid to avoid “doing a Freddo”– prices have stayed the same. ...
Slow economic growth is not the new normal, it's the old norm | Larry Elliott image
.... And there they are likely to stay. When the Bank’s monetary policy committee last met, three of the eight members said the post-referendum stimulus had done its work, making it possible to push rates back up to 0. ...
Brexit border chaos will cause huge delays and cost £1bn a year, says report image
....The study also sounds the alarm over a new customs IT system due to be delivered just as Britain leaves the EU. “It was agreed well before the referendum was announced that the current HMRC customs clearance system, CHIEF, would be replaced in March 2019,” it states. ...
Labour used to be the party that saw the folly of leaving the EU image
Source : Guardian [Read Article] Saturday 29th of July 2017 11:05:04 PM
....What have David Cameron (Tory prime minister, 2010-16), and Harold Wilson (Labour prime minister, 1964-70 and 1974-76) got in common?. Answer: in order to keep their respective parties together, because they were split over “Europe”, each of them called a referendum. ...
Richard Branson cedes control of Virgin Atlantic image
Source : Guardian [Read Article] Thursday 27th of July 2017 05:01:06 PM
.... Delta bought a 49% stake in Virgin in 2013 – a move that BA’s chief executive, Willie Walsh, predicted would end in Branson ceding control within five years. Virgin Atlantic edged into profit from 2014 to 2016, but had forecast losses this year on the back of the Brexit referendum and the fall in sterling. ...
Aberdeen to be worst hit by Brexit but all British cities will suffer – report image
....Generally, cities and towns with high levels of employment in private sector, knowledge-intensive services – such as Reading, London and Edinburgh, the three cities with the largest business and financial sectors – were likely to be most negatively affected by Britain leaving the EU. Researchers also found a correlation, albeit not a strong one, between areas that voted Remain in last year’s referendum and those that were predicted to be most badly hit. ...
Labour softens stance on staying in single market after Brexit image
Source : Guardian [Read Article] Thursday 27th of July 2017 10:49:04 AM
....John McDonnell, the shadow chancellor, also told the BBC on Wednesday: “Our objective is tariff-free access to the market. That has been our objective since immediately after the referendum. ...
Foxtons blames economic uncertainty as profits plunge by 64% image
Source : Guardian [Read Article] Thursday 27th of July 2017 09:25:24 AM
....Britain’s housing market has slowed sharply since last June’s vote to leave the EU, when prices were growing by almost 10% a year. The UK’s third-largest housebuilder, Taylor Wimpey, said earlier that it believed the risk of material impact on the market from the EU referendum in the short term has significantly reduced. ...
UK film industry on a roll as it helps keep economy growing image
Source : Guardian [Read Article] Wednesday 26th of July 2017 02:44:53 PM
.... This investment has rocketed due to a film-style tax credit introduced in 2013 for shows costing at least £1m an episode. The slide in the value of the pound following the EU referendum has added an extra carrot luring foreign film and TV production investment into the UK. ...
BMW pledges to build new e-Mini at UK car plant image
Source : Guardian [Read Article] Tuesday 25th of July 2017 01:14:23 PM
....”. BMW, along with other manufacturers, had strongly opposed a leave vote before the referendum in June 2016. ...
Bank of England warns of complacency over big rise in personal debt image
Source : Guardian [Read Article] Monday 24th of July 2017 05:40:59 PM
.... In expanding the supply of credit, they may be placing undue weight on the recent performance of credit cards and loans in benign conditions,” Brazier said. The willingness of consumers to take on more debt to fund their spending helped the economy grow strongly in the six months after the EU referendum, a period when the Bank expected growth to fall sharply. ...
Shrinking sweets? 'You're not imagining it,' ONS tells shoppers image
Source : Guardian [Read Article] Monday 24th of July 2017 11:30:41 AM
....But it said there was “no discernable effect” on inflation because food and drink was a relatively small part of the basket of goods and services that is tracked to gauge overall changes in the cost of living. But the ONS said that so far there was no evidence that the Brexit vote was to blame for size changes, and pointed out that shrinkflation pre-dated the EU referendum. ...
Great British Bake Off to be sponsored by Lyle's Golden Syrup and Dr Oetker image
....ITV’s entertainment big beasts The X Factor and Britain’s Got Talent struck sponsorship deals earlier this year worth £10m and £6m annually respectively. However, Channel 4 has been faced with a significant downturn in the TV ad market since the Brexit referendum, which has seen advertisers tighten the purse strings. ...
How has Brexit vote affected UK economy? July verdict image
Source : Guardian [Read Article] Monday 24th of July 2017 05:01:27 AM
....25%, but it is also because the dollar has weakened against a range of currencies. Compared with the night of the referendum in June last year, the pound is still down about 13% against the dollar and around 14% down against the euro. ...
Brexit economy: sterling fall hits public finances and fails to boost trade image
. The sharp fall in sterling triggered by the EU referendum result is having an adverse effect on Britain’s already weak public finances but has yet to bring about the expected improvement in the trade deficit, a Guardian analysis of the economic news of the past month shows. ...
IMF cuts 2017 growth forecasts for UK and US image
Source : Guardian [Read Article] Monday 24th of July 2017 04:45:27 AM
....The International Monetary Fund has cut its growth forecast for the UK economy this year after a weak performance in the first three months of 2017. In its first downgrade for the UK since the EU referendum in June last year, the IMF said it expected the British economy to expand by 1. ...
Yes, the gender pay gap rules are flawed. But they’re the best hope of making things better image
.... The late 1980s boom and the first Gulf war saw inflation hit 11% in 1990, while the long boom that followed Black Wednesday never saw inflation rise above 5%. Even if there is a bit more to come from the depreciation of sterling since the EU referendum, the next peak will not be much higher than 3%. ...
Britons travelling to Europe offered just €0.88 for £1 image
Source : Guardian [Read Article] Friday 21st of July 2017 06:31:18 PM
.... Experts said that was possibly the worst euro exchange rate ever seen at any UK airport – traditionally the most expensive places to buy foreign currency. We have seen how the pound has been subject to volatility since the Brexit referendum. ...
Drax looking at 'coal-free future' as it reveals £83m pre-tax loss image
Source : Guardian [Read Article] Wednesday 19th of July 2017 09:33:16 AM
....A large chunk of the £83m loss – the £65m lost on currency hedging – was a result of the volatility of the value of sterling since the Brexit vote. The company buys its wood pellets from North American mills and hedges five years ahead to protect itself, resulting in a gain last June when the pound fell significantly after the EU referendum, and the £65m loss as sterling recouped some of its loss in value. ...
Surprise drop in UK inflation is good news for consumers | Larry Elliott image
....Rising inflation has been one of the big economic stories of the past year. The depreciation of sterling after the EU referendum has made the things Britain imports, such as clothes and food, dearer and the cost of living has risen steadily as a result. ...
How could we cope if capitalism failed? Ask 26 Greek factory workers | Aditya Chakrabortty image
....For all its fragilities, Viome still offers a lesson in politics to any British visitor. In the year since the EU referendum, Britons have entered an era of bullshit sovereignty. ...
UK inflation figures will shine light on impact of pound's Brexit slide image
....City analysts believe there will have been a pause in June in the steady increase in the cost of living to 2. 9% in the 12 months since the EU referendum, but most believe the respite will prove temporary. ...
What Brexit slowdown? UK housing market shrugs off concerns as property prices creep up image
. A survey by property website Rightmove found there are currently more buyers and sellers within the wider market compared with the same period around the referendum last year, with the number of sales agreed in June 2017 up 4. ...
UK housing market shrugs off concerns of Brexit slowdown image
Source : Guardian [Read Article] Sunday 16th of July 2017 11:01:34 PM
....The UK housing market is shrugging off concerns in the wider economy following the Brexit vote, compounding problems for many first-time buyers still wrestling with the strongest year-on-year price rises in the market. There are more buyers and sellers in the wider market compared with the period around the referendum a year ago, with the number of sales agreed up by 4. ...
UK 'sleepwalking' into food insecurity after Brexit, academics say image
Source : Guardian [Read Article] Sunday 16th of July 2017 11:01:34 PM
....After 50 years of generally stable supplies and prices, the authors say, the UK could return to the sort of volatility last seen in the 1930s and earlier, calling the scale of the challenge “unprecedented for an advanced economy outside of wartime”. The report repeatedly castigates ministers for neglecting the issue: “The silence about the future of UK food since the Brexit referendum is an astonishing act of political irresponsibility and suggests chaos unless redressed. ...
Low-paid should receive inflation-only rises, say business leaders image
Source : Guardian [Read Article] Sunday 16th of July 2017 06:13:15 PM
.... “Setting the national living wage must be done cautiously, comprehensively taking into account economic circumstances, so that people are not priced out of jobs. The government’s current policy was set before the EU referendum and so does not reflect the uncertainty caused by Brexit. ...
Poundland delays launch of Twin Peaks chocolate bar amid legal row image
Source : Guardian [Read Article] Sunday 16th of July 2017 02:09:27 PM
....It cut the weight of two bars from Toblerone’s UK range with 400g bars falling to 360g while the 170g bars, which are one of Poundland’s best sellers, slimmed to 150g. Mondelez, the owner of Toblerone, said the change was not Brexit related, but the fall in the value of the pound after last summer’s EU referendum was seen by many as a likely contributing factor to the firm’s rising costs. ...
Election euphoria won’t last if Labour doesn’t foil Brexit folly image
Source : Guardian [Read Article] Sunday 16th of July 2017 05:59:13 AM
....It is patently obvious that the Conservatives were hopelessly ill-prepared for the current negotiations. By contrast, I am authoritatively told that from the moment the decision to hold a referendum was announced, contingency plans began in Brussels for the Brexit our partners did not want but, wisely, as it turns out, feared. ...
Top 1% of households in UK fully recovered from financial crisis image
Source : Guardian [Read Article] Friday 14th of July 2017 11:01:36 PM
....The thinktank said the report highlighted a country increasingly divided by age, by housing tenure and by inequality – and that all three factors had been important in the shock election result in which Labour gained 30 seats and deprived the Conservatives of an overall majority. The foundation added that the surprise was not that the groups faring badly had turned out – both in last year’s EU referendum and in the recent general election – to reject the status quo, but that it had taken them so long to do so. ...
The Guardian view on Brexit policy: time for Britain to get real | Editorial image
....British politics and British society remain in denial about what is at stake, about the issues involved, and about the wasted time so far. Political debate about Brexit has struggled to move on from the 2016 referendum and has barely begun to adjust to the result of the 2017 election. ...
Globalisation: the rise and fall of an idea that swept the world image
Source : Guardian [Read Article] Friday 14th of July 2017 04:28:14 AM
....In his 2011 book The Globalization Paradox, Rodrik concluded that “we cannot simultaneously pursue democracy, national determination, and economic globalisation. ” The results of the 2016 elections and referendums provide ample testimony of the justness of the thesis, with millions voting to push back, for better or for worse, against the campaigns and institutions that promised more globalisation. ...
Irish business seeks €1bn in EU aid to protect firms hit by Brexit image
Source : Guardian [Read Article] Wednesday 12th of July 2017 05:40:20 PM
....”. He was referring to the unspecified investment pledges the Japanese car manufacturer got from Theresa May to stay in Sunderland following the EU referendum. ...
Burberry drops plans to redevelop Leeds mill despite pick-up in sales image
Source : Guardian [Read Article] Wednesday 12th of July 2017 01:52:25 PM
....The UK remained Burberry’s fastest-growing market as international travellers continued to take advantage of the drop in the value of the pound since last year’s Brexit vote to pick up a bargain. Brown said growth had slowed from the 30% to 40% seen last year as 2017’s rise in tourist spending was being compared against the post-referendum leap from June 2016. ...
JP Morgan: we'll only move jobs from UK after Brexit if EU forces us image
Source : Guardian [Read Article] Tuesday 11th of July 2017 04:35:32 PM
....The worldwide boss of JP Morgan has said othat the Wall Street bank would only have to move thousands of jobs out of the UK in response to Brexit if ordered to do so by the EU. In the run-up to last year’s referendum, Jamie Dimon had warned that up to 4,000 roles would be at risk in the event of a vote to leave. ...
Political upheaval will lead to UK economy slowing down, says Moody's image
Source : Guardian [Read Article] Tuesday 11th of July 2017 12:51:23 PM
....Moody’s said the government appeared to be pursuing objectives pointing towards a hard exit and said growth prospects over the medium term could be “materially weaker” if the UK fails to sign a trade deal allowing access to the single market. Kathrin Muehlbronner, a senior vice president at Moody’s, said: “The likelihood of an abrupt – and damaging exit – with no agreement and reversion to [World Trade Organization] trading rules has increased compared to our expectation after the referendum, with the government so far pursuing objectives that imply a hard exit. ...
How economics became a religion | John Rapley image
Source : Guardian [Read Article] Tuesday 11th of July 2017 05:00:01 AM
.... And yet, in the wake of the 2008 financial crisis and the consequent recession, there has been a turn against globalisation across much of the west. More broadly, there has been a wide repudiation of the “experts”, most notably in the 2016 US election and Brexit referendum. ...
Central banks are ending policies like QE – but they'll be back | Nouriel Roubini image
.... The European Central Bank is now pondering just how fast to taper its own QE policy in 2018, and when to start phasing out negative interest rates. Similarly, the Bank of England (BoE) has finished its latest round of QE – which it launched after the Brexit referendum last June – and is considering hiking interest rates. ...
Brexit breaks breakfast? Hard Brexit could mean hard luck for fry-up fans image
.... The pound is currently trading at about $1. 29, 13% lower than it was on the day of the June 2016 referendum. ...
House price pick-up allays fears of property market crash image
Source : Daily Express [Read Article] Sunday 9th of July 2017 03:37:00 PM
....The doom-mongers are out in force this year, issuing dire warnings about falling house prices, rising consumer debt, stagnating wages and higher inflation. Political uncertainty only adds to the sense of gloom, while Brexit opponents gleefully pounce on any sign that the UK is stumbling in an attempt to reverse last year’s EU referendum result. ...
German industry warns UK not to expect help in Brexit negotiations image
Source : Guardian [Read Article] Sunday 9th of July 2017 08:51:32 AM
....”. Their comments come just weeks after David Davis, the Brexit secretary, said his claim before the referendum, that German industry would put pressure on Angela Merkel, the chancellor, to hand Britain a good Brexit deal, was “where [the negotiations] will end up”. ...
One by one, Brexit’s ‘salvations’ are seen to be illusory | Nick Cohen image
....This ought to be the moment when the opposition exposes a chaotic and purblind government. If Corbyn’s decision to go absent without leave during the referendum campaign did not convince you he wanted out of the EU because it stood in the way of the creation of socialism in one country, surely the feebleness of Labour opposition’s will convince you that no fight back is coming. ...
UK business leaders to call for indefinite delay in leaving single market image
.... Several FTSE 100 chief executives are also rumoured to be coming, but not, as originally thought, the chancellor, Philip Hammond. The Chevening estate was shared between the “Three Brexiteers” – Davis, Boris Johnson and the international trade secretary, Liam Fox – when May became prime minister after the referendum. ...
UK faces tightest squeeze on household incomes for five years image
Source : Guardian [Read Article] Thursday 6th of July 2017 12:57:38 PM
....Households have been hit by a double whammy of slow wage growth and rising inflation. The pound’s weakness since the EU referendum last summer has made imports to the UK more expensive and firms are passing their higher costs on to consumers. ...
What impact is Brexit having on foreign property prices? image
Source : Daily Express [Read Article] Wednesday 5th of July 2017 04:49:00 PM
....As it stands, it is currently more expensive to invest in a foreign property than it was a couple of years ago. This cost climb has primarily been fuelled by the fall in the value of sterling seen last year in the wake of the EU referendum. ...
Ken Loach thinks Brexit will be bad for British films image
Source : BBC [Read Article] Wednesday 5th of July 2017 12:03:52 PM
....I, Daniel Blake was a collaboration with companies from France and Belgium. But, since the referendum, Hollywood studios are spending more in the UK - partly because of the pound's drop. ...
Brexit fears trigger exodus of crucial EU health and social care workforce | Hélène Mulholland image
.... In 2016, 209,000 people working in the sector in the UK were EU nationals, up from 121,000 in 2009 – a rise of 72% – according to figures from the Office for National Statistics (ONS). But since the 2016 EU referendum, there are tentative signs that when it comes to public sector workers, the UK has lost some of its appeal as a place to live and work. ...
Bank of England's Michael Saunders: 'Prepare for higher interest rates' image
....Michael Saunders used a Guardian interview to explain why he had voted for a rate rise last month and to emphasise that it was no longer necessary for Threadneedle Street to keep its foot to the floor with record low borrowing costs. The external member of the monetary policy committee (MPC) said the economy had confounded gloomy forecasts made in the aftermath of the referendum and he warned inflation would climb higher and stay well above the Bank’s target for longer without action. ...

Page rendered in 2.4296 seconds.