9th October 2017
9 October 2017 Zee News/AFP As in-fighting consumes the British government, Europeans have stepped up quiet preparations for a possible collapse of Brexit talks that could see Britain crash out of the EU without a deal 18 months from now. Prime Minister Theresa May`s EU counterparts still see the “no-deal… Read More
9th October 2017
9 October 2017 By Drazen Jorgic, Syed Raza Hassan, REUTERS The son-in-law of ousted Pakistani premier Nawaz Sharif was arrested at Islamabad airport on Monday by Pakistan’s anti-corruption body on his return from London, officials said, a rare instance of a powerful… Read More
6th October 2017
– By Rob Merrick, The Independent The ringleader of a plot to topple Theresa May has broken cover, urging fellow Tories to no longer “bury our heads in the sand” and join the revolt. Grant Shapps, a former party chairman, said both Remainers and Brexiteers were among about 30 Conservative… Read More
26th September 2017
Pakistan’s ousted prime minister Nawaz Sharif on Monday returned to the country from the UK after nearly a month to face corruption and money laundering charges in the Panama Papers scandal. He was in London from 31 August to be with his ailing wife Kulsoom who is undergoing treatment… Read More
26th September 2017
Britain is being urged to adopt a “bold and ambitious” plan for a post-Brexit trade deal, revealed this morning by an elite taskforce of City experts in a report. The report calls for mutual recognition based on regulatory alignment and supervisory co-operation, a joint dispute resolution body, and a forum… Read More
22nd September 2017
Theresa May has asked EU countries to agree to a two-year Brexit transition during which the UK would continue to enjoy unfettered access to the single market. The prime minister said her government would accept EU rules during that period including allowing EU citizens to live and work in Britain,… Read More
20th September 2017
The International Monetary Fund (IMF) has estimated the annual cost of bribery — just one sub-set of corruption — to be between $1.5 and $2 trillion. This, the Fund estimated to be about two per cent of global Gross Domestic Product (GDP). Read More
14th September 2017
The European Union wants to centralize market supervision and make banks pay for it, the bloc’s financial services chief said, signaling how it will seek to regroup after Britain leaves. A more integrated supervisory regime is needed to unify the EU’s capital market, European Commission Vice President Valdis Dombrovskis said… Read More
11th September 2017
London has maintained its position as the world’s number one global financial centre, according to a major international study out today, extending its lead over rivals New York, Hong Kong and Singapore. However, City chiefs have warned that London’s supremacy will come under threat if the government does not secure… Read More
8th September 2017
Fewer than ten of the approximately 40 banks that conduct EU business out of London have applied so far for a licence to continue banking in the bloc after Britain leaves, regulatory sources told Reuters. The slow pace of applications is raising concern at the European Central Bank, the EU’s… Read More