- Friday, 05 May 2017
- News
Brexit minister Davis says EU trying to bully Britain
The European Commission is trying to bully Britain, Brexit minister David Davis said, ratcheting up the rhetoric before a national election in which the ruling Conservatives are asking voters to back them ahead of tough talks to leave the EU. On Wednesday, British Prime Minister Theresa May accused European politicians and officials of seeking to affect the outcome of the June 8 election after a German media report published a damning account of her meeting with EU President Jean-Claude Juncker.
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- Wednesday, 26 April 2017
- News
Brexit and consequences for London
There were no data releases from the UK today, with markets once again turning to Brexit scenarios. No one yet knows what kind of access to the European Union’s single financial market UK-based firms will have, and Prime Minister Theresa May’s call for a general election to be held on June 8 has further clouded the picture, at least in the short term. But there is a nagging assumption that things cannot remain the same, and that there will be a price to be paid for leaving the EU.
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- Monday, 10 April 2017
- News
Sterling slightly higher in a quiet Monday trade
There were no major data releases from the UK yesterday. The pound is surrounded with a lot of uncertainty and fear as the Article 50 has been officially invoked towards the end of last month and the negotiations between the Euro and the UK leaders are set to begin. Read more...
- Monday, 20 March 2017
- News
Britain's May to launch EU divorce proceedings on March 29
Prime Minister Theresa May will trigger Britain's divorce proceedings with the European Union on March 29, launching two years of negotiations that will reshape the future of the country and Europe. May's government said her permanent envoy to the EU had informed European Council President Donald Tusk of the date when Britain intends to invoke Article 50 of its Lisbon Treaty - the mechanism for starting its exit after a referendum last June in which Britons voted by a 52-48 percent margin to leave the bloc.
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