Economic News UK

UK says Brexit could hit banks' stock of 'risk-free' EU debt

UK says Brexit could hit banks’ stock of ‘risk-free’ EU debt

At part of preparations for Britain’s departure from European Union next March, the finance ministry has published a “statutory…

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Britons in EU could lose access to UK bank accounts

Britons in EU could lose access to UK bank accounts

The Brexit secretary, Dominic Raab, insisted he was “confident that a good deal is in our sights” as he…

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Scotland cuts its deficit but is still outspending the UK

Scotland cuts its deficit but is still outspending the UK

The latest Government Expenditure and Revenue Scotland (Gers) data for Scotland shows that for 2017-18 overall state spending hit…

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Sadiq Khan: London planners must prepare for no-deal Brexit

Sadiq Khan: London planners must prepare for no-deal Brexit

Sadiq Khan is to instruct the body tasked with planning for terrorist attacks and disasters such as the Grenfell…

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London tribunal states Djibouti’s port seizure is illegal

London tribunal states Djibouti’s port seizure is illegal

The London Court of International Arbitration has ruled that the seizure of the control by the Djibouti government of…

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What A No Deal Would Mean for the British Economy?

The likelihood of a no deal Brexit raised its head yet again last week, with the government admitting that…

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Donald Trump Trashes May’s Brexit Plan as It Might Kill US-UK Trade Deal

During an interview, U.S President Donald Trump said that British Prime Minister Theresa May’s projected Brexit plan would kill…

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UK’s Watchdog Fines Facebook of £500000 over Cambridge Analytica

The British data regulator intends to fine Facebook over the Cambridge Analytica scandal. It plans to fine Facebook with…

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EU Rivals Britain’s gaining Of Top Spot for Investment in Finance

Britain has always been considered as the top European destination for international investment in financial services. However, its spot…

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In Spite of Job Fears, UK Consumers Continue to Spend Money

In spite of the increasing fears of job losses from a hard Brexit, the warm weather is tempting the…

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