Economic News UK

IMF Curtails Global Growth Outlook amidst Trade Tension and Brexit Concerns

IMF Curtails Global Growth Outlook amidst Trade Tension and Brexit Concerns

On Tuesday, the International Monetary Fund (IMF) slashed its global economic growth prediction for 2019 and stated that growth…

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Standard Chartered to likely pay more than $1 billion for resolving UK and US probes

Standard Chartered to likely pay more than $1 billion for resolving UK and US probes

London based Bank Standard Chartered is expected to pay a little higher than what was decided for…

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London Stock Exchange Gears Up for a No-deal Brexit

London Stock Exchange Gears Up for a No-deal Brexit

The London Stock Exchange stated that its pan-European platform Turquoise would shift its trading in euro-denominated shares to its…

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Brexit Turmoil Affects Services, UK Economy Risk of Shrinking

Brexit Turmoil Affects Services, UK Economy Risk of Shrinking

The British economy is exposed to the danger of slipping into an increasing downturn after halting in the first…

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Bank of England to support UK in all ways for a no deal Brexit

Bank of England to support UK in all ways for a no deal Brexit

The Governor of the Bank of England, Mark Carney said that the Bank would be doing everything…

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Brexit Is Paralyzed As Well As the UK Economy

Brexit Is Paralyzed As Well As the UK Economy

The incapacity of UK politicians to concur on how to leave the European Union (EU) has to push Brexit…

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JP Morgan to ask about 300 staff to sign new contracts in case of a no deal Brexit

JP Morgan to ask about 300 staff to sign new contracts in case of a no deal Brexit

The date of Britain’s exit from the European Union is not much far and organizations are still…

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UK Economy Avoids the No Deal Hit of Brexit

UK Economy Avoids the No Deal Hit of Brexit

The United Kingdom, the 5th biggest economy of the world, has managed to avoid the risk of damage from…

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Brexit is making it harder for the fintech firms in Britain to recruit top talents

Brexit is making it harder for the fintech firms in Britain to recruit top talents

Britain’s exit from the European Union is also showing its effect on the Fintech firms as it…

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Brexit causes the largest drop in business investing in the UK in 10 years

Brexit causes the largest drop in business investing in the UK in 10 years

Companies in Britain seem to be ready to reduce their investment by the biggest margin in a decade this…

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