26th July 2018
Britain’s banking industry will emerge largely unscathed from Brexit and retain its position as one of the world’s top two financial centers for the foreseeable future, Barclays’ (BARC.L) Chairman John McFarlane told Reuters. Home to the world’s highest number of banks and largest commercial insurance market, the City of London… Read More
23rd July 2018
Prime Minister Theresa May’s plans to leave the European Union are overwhelmingly opposed by the British public and more than a third of voters would support a new right-wing political party committed to quitting the bloc, according to a new poll. May’s political vulnerability was exposed by the survey which… Read More
10th July 2018
David Davis has quit as Secretary of State for Exiting the EU, citing disagreements with Number 10’s stance and concerns that the general direction of policy will leave Britain in ‘at best a weak negotiating position, and possibly an inescapable one.’ Current housing minister and ex-lawyer Dominic Raab will take… Read More
9th July 2018
AP — British Foreign Secretary Boris Johnson resigned Monday, adding to divisions over Brexit that threaten to tear apart Prime Minister Theresa May’s government. May’s office said in a terse statement that the prime minister had accepted Johnson’s resignation and would name a replacement soon. Johnson, one… Read More
20th June 2018
AP — The United States announced Tuesday it was leaving the United Nations’ Human Rights Council, with Ambassador Nikki Haley calling it “an organization that is not worthy of its name.” It was the latest withdrawal by the Trump administration from an international institution. Haley,… Read More
14th June 2018
AP — British lawmakers rejected proposals by pro-European Union politicians Wednesday that were intended to lock the U.K. into the bloc’s customs union and single market after Brexit. The results were a victory for Prime Minister Theresa May’s Conservative government, which is determined to take the country… Read More
13th June 2018
The undercover Ghanaian journalist who filmed football officials appearing to take bribes said on Monday that African football will continue to be held back on the world stage unless corruption is tackled more vigorously. Anas Aremeyaw Anas released a documentary last week showing African football officials, including 77 referees and… Read More
11th June 2018
AP — The chairman of the British Parliament’s media committee said Sunday that a millionaire backer of the successful campaign to leave the European Union has questions to answer about his contacts with Russian officials. Lawmaker Damian Collins said his committee plans to question Arron Banks, co-founder… Read More
4th June 2018
German prosecutors have charged three former German Football Association (DFB) officials and one Swiss former official from world soccer’s governing body FIFA with serious tax evasion in connection with the 2006 World Cup, which Germany hosted. In a statement on Friday, the Frankfurt prosecutor’s office said it had also filed… Read More
23rd May 2018
Thousands of banking jobs could move out of Britain as finance companies look to set up regulated subsidiaries in European Union countries to be able to sell products across the bloc once Britain leaves in 2019. The total number of financial services jobs expected to be moved elsewhere after Brexit… Read More