Pound Surges, Gilts Slide on Signals of Brexit Breakthrough
Pound Surges, Gilts Slide on Signals of Brexit Breakthrough
The pound surged on signs that the U.K. is inching closer to an agreement with the European Union on a Brexit divorce deal.
Bloomberg
Bloomberg
Brexit to Shift Swissquote Business From London, CEO Says
Brexit to Shift Swissquote Business From London, CEO Says
Swissquote Group Holding SA will likely shift its European retail business from London to Luxembourg following Brexit.
Bloomberg
Bloomberg
The Mess The U.K. Government Is Making Of Brexit Is Proving Costly
The Mess The U.K. Government Is Making Of Brexit Is Proving Costly
The UK government has spent eighteen months battling with its own supporters instead of negotiating a realistic Brexit deal. With only four months to go, the U.K. Cabinet is still divided and no deal is in sight. The U.K. economy is already suffering the effects of this uncertainty.
Forbes
Forbes
Pound Will Hit $1.40 on Brexit Deal, $45 Billion Fund Says
Merian Global Investors is buying the pound on bets the U.K. will reach a successful divorce agreement with the European Union.
Bloomberg
Bloomberg
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U.K. Cabinet to Discuss Draft Brexit Agreement on Wednesday
Prime Minister Theresa May says talks are in the “endgame,” but there are still hurdles to overcome.
Bloomberg
Bloomberg
UK says has agreed draft Brexit deal with EU
London (AFP) - Britain has agreed a draft Brexit deal with the European Union, Prime Minister Theresa May announced Tuesday, but she must still get it through her cabinet and the deeply divided parliament in London.
AFP
AFP