Brexit

Spain’s Central Bank Calls For Deposit Insurance Scheme
Spain’s Central Bank Calls For Deposit Insurance Scheme
May 28, 2019  |  Regulation

The Bank of Spain wants eurozone countries to complete their banking alliance by creating a deposit insurance scheme and a stabilization fund. Reuters, citing the...

READ MORE >
Retailers In Britain Say Sales Are The Worst In 10 Years
Retailers In Britain Say Sales Are The Worst In 10 Years
May 24, 2019  |  Economy

A survey of British retailers by the Confederation of British Industry (CBI) said retailers were witnessing the poorest sales performance this month in 10 years,...

READ MORE >
When Brexit Literally Turned Into A Food Fight
When Brexit Literally Turned Into A Food Fight
May 21, 2019  |  Brexit

Usually, when a situation is described as a food fight, the term is used in a colorful way. Adults, after all, do not normally throw...

READ MORE >
Goldman Delays Marcus’ Germany Launch
Goldman Delays Marcus’ Germany Launch
May 06, 2019  |  Brexit

Goldman Sachs has decided to delay the German launch of its consumer bank Marcus until 2020. Richard Gnodde, who heads Goldman Sachs International, announced plans to...

READ MORE >
Treasury Opposes UK’s Plans For EU Tuition Spike
Treasury Opposes UK’s Plans For EU Tuition Spike
April 28, 2019  |  Brexit

Theresa May, the prime minister of the U.K., is expected to face backlash over a proposal in which EU nations would pay the same rate...

READ MORE >
Brexit’s Fizzle Of A Timeline
Brexit’s Fizzle Of A Timeline
April 12, 2019  |  Sizzle/Fizzle

In Samuel Beckett’s “Waiting for Godot,” there’s a line that rings a bit true of Brexit: “Nothing happens. Nobody comes, nobody goes. It’s awful.” The...

READ MORE >
No-Deal Brexit Will Slash 3.5 Pct Off UK GDP
No-Deal Brexit Will Slash 3.5 Pct Off UK GDP
April 09, 2019  |  International

The International Monetary Fund (IMF) warned on Tuesday (April 9) that a no-deal Brexit would sacrifice between two and three years of normal economic growth...

READ MORE >
Brexit Uncertainty Forces UK Cos To Stockpile Goods
Brexit Uncertainty Forces UK Cos To Stockpile Goods
April 05, 2019  |  Brexit

British companies are preparing for Brexit by stockpiling goods at rates usually seen during times of war. In fact, according to a report in The...

READ MORE >
Brexit Drama Costs UK Economy £6.6B Per Quarter
Brexit Drama Costs UK Economy £6.6B Per Quarter
April 04, 2019  |  Brexit

The cost of voting to leave the European Union has been 6.6 billion pounds every quarter for the U.K., according to research from S&P Global...

READ MORE >