British pound falls below $1.30
The British pound fell below $1.30 as traders braced for a series of reports next week that could give them a better picture of how much damage the Brexit vote is imposing on the UK […]
The British pound fell below $1.30 as traders braced for a series of reports next week that could give them a better picture of how much damage the Brexit vote is imposing on the UK […]
Private equity deals in the UK have fallen 95% since the country voted to leave the EU, with 17 deals worth $165 million completed from June 24 to Aug. 2, according to Dealogic. European private […]
A wave of lawsuits combined into one may keep the UK from exiting the EU without a vote in Parliament. That vote could ultimately prevent the government from invoking Article 50, the necessary first step […]
The Bank of England’s plan to purchase £70 billion in bonds, including £10 billion in investment-grade corporate bonds, has had a positive effect, with A-rated sterling corporate-bond spreads falling to 1.38 percentage points. The central […]
Markit’s purchasing managers’ index for the UK pulled back sharply after the Brexit vote, suggesting that the economy could contract in the third quarter. The PMI’s drop to 47.3 from 51.9 the previous month was […]
Britain’s financial-technology companies fear that uncertainty related to the UK’s decision to leave the EU will make it more difficult to find funding. “Even now, no one is quite sure precisely what Brexit will entail, […]
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