Brexit
- British pound continues longest downslide in decades
Sterling is headed for a fifth quarterly decline against the US dollar, the longest downward run in more than 30 years, as the currency continues to slide after the UK vote to quit the European Union.Business - Thousands of UK-based finance firms may lose EU ‘passport’ rights
Britain’s financial watchdog has warned that Brexit puts the country’s finance sector at ‘significant’ risk with almost 5,500 UK-registered firms losing their right to operate freely across the European single market.Business - Post Brexit Britain: Rising xenophobia challenges status quo
Britain has always been a right-wing country. This year, however, the country veered even further right in the most bizarre circumstances. The nation took part in an 'EU referendum' which was really a national poll on immigration. - Record UK services index surge eases Brexit concerns
The British pound has jumped to a seven-week high against the US dollar after the UK service sector bounced back last month from a decline caused by June's vote to quit the European Union.Business - UK mortgage approvals drop to 18-mth low
The number of mortgage approvals in the UK declined in July to the lowest level in a year and a half with consumer borrowing slowing as well, according to data from the Bank of England.Business - ‘Farage about openness, Trump – protectionism’
Despite Nigel Farage and Donald Trump having similar opinions on migration, they have different views on economics. The outgoing UKIP leader is about openness and links with the world, the GOP candidate – protectionism, says Bruges Group director Robert Oulds.
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