Search Results for: Cameron
Double ratings downgrade hits UK
June 28th, 2016
It’s been a torrid few days for equity markets and the pound in particular as it continues to plumb new multi-year lows against the US dollar, though we could get some respite today. With politicians seemingly intent on making ...
Why did Britain vote to leave the EU?
June 27th, 2016
On Thursday, the British people voted to leave the European Union by a 52 to 48 percent margin, a decision that has been dubbed “Brexit.” It was a surprising result that will have huge consequences for Britain, the EU, ...
Law firms brace to face the Brexit unknown
June 27th, 2016
The United Kingdom has voted to leave the European Union, and law firms are getting ready to facilitate the messy divorce. City law firms are preparing for an onslaught of client work after the Brexit referendum went the way ...
Pound Tumbles for a Second Day as Brexit Spurs Political Chaos
June 27th, 2016
Brexit vote reverberates across nation’s political spectrum Sterling drop only half what we’ll see in 2016: Standard Bank The big question for pound traders may have been answered, but the outlook for the currency is murkier than ever. Sterling dropped ...
Winners of Brexit; What happens now
June 24th, 2016
On Thursday, the British public voted to leave the European Union, a shocking result that flew in the face of betting markets and professional prediction firms. On each side of the discussion around the British exit, or Brexit, stood ...
Brexit Fallout Bitcoin is up 10%
June 24th, 2016
The surprise “Leave” victory in the UK’s Brexit referendum has changed the calculus of global markets. We have seen the biggest intra-day volatility in the pound on record, as evidenced by it hitting a yearly high and yearly low ...
What Now? Brexit Win Sets Stage for Two Years of Bitter Talks
June 24th, 2016
U.K. companies need new regime to access $13.6 trillion market EU rules give Britain two years to negotiate terms of exit While final votes are still being tallied, it’s clear that British voters have opted to walk out on ...
What will the EU referendum mean for markets?
June 22nd, 2016
The opposing sides of the EU referendum campaign have each laid claim to the key issues surrounding a potential Brexit. The two camps have traded blows over sovereignty, economics and the political ramifications of leaving. But what are the ...
International Telecom Group offices raided over money laundering and tax fraud suspicion
June 22nd, 2016
Nineteen people have been arrested and nine of them charged with money laundering after BuzzFeed News revealed Lycamobile’s “deeply suspicious” cash movements. The Conservative party’s biggest donor, the telecoms giant Lycamobile, has been raided by French police on suspicion ...
Brexit: All you need to know for UK’s EU referendum
June 13th, 2016
What is happening? A referendum is being held on Thursday, 23 June to decide whether Britain should leave or remain in the European Union. This article is designed to be an easy-to-understand guide – if you have any questions ...