Britain kept the top spot in global financial services exports last year but Brexit threatens to raise barriers to its biggest market in Europe, TheCityUK said on Friday. The body, which promotes Britain as a financial centre, said banks, insurers, asset managers,...
It is interest-rate week. The Federal Reserve will almost certainly increase US rates again, the last rise with Janet Yellen as the Fed chair. So as usual we should look not just to the increase and the market reaction to it,...
A transition period after Brexit where the UK continues to accept EU rules would be a “price worth paying” for economic stability, an influential Commons committee has said. Cross-party MPs on the Treasury Committee said the Government should consent to a “standstill”...
In the 13th instalment of his marathon end-of-year press-conference, President Vladimir Putin displayed all the swagger of a man at ease. He straddled the same roles as in previous shows – world leader, national defender and benevolent agony aunt. But something of...
White House officials have claimed they purposefully leave information on Russian interference out of Donald Trump’s daily briefings for fear it will upset him. Current and former administration officials told the Washington Post they frequently plan the President’s daily brief (PDB,) around...
The media landscape is about to change forever. Walt Disney has agreed to the purchase of large swathes of assets from 21st Century Fox for an eye-watering $52.4bn (£39bn), including film and television studios. The deal includes namely: film production businesses Twentieth...
After a bouncing up and down like grasshoppers with ants in their pants, shares in internet grocer Ocado have traded in a range for more than a year because, despite the impressive sales growth it keeps turning in, half the City still thinks...
Policymakers at the Bank of England believe the risk of a “no-deal” Brexit has been reduced by Theresa May’s Brussels agreement last week – and that this breakthrough may boost UK economic confidence in the coming months. The view was relayed in the...
The British Chambers of Commerce has marginally revised down its economic growth forecast for the UK, citing sluggish household consumption and lacklustre business investment over the next couple of years, largely because of Brexit. The BCC on Monday said that it now...
Britain's statistics watchdog is considering an investigation into comments made by Theresa May following complaints that they misrepresented the extent of homelessness. The UK Statistics Authority (UKSA) confirmed concerns had been raised after the Prime Minister claimed in Parliament that “statutory homelessness...