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Category: Currencies

Sterling tumbles after UK economy shrinks | Reuters

13 December 2023 BrexitCarnage Leave a comment

​  The pound was among the worst performing major currencies against the dollar on Wednesday, after data showed the UK economy…

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Posted in: Currencies, Economy, Europe, Financial Services Filed under: brexit, eu, gdp, uk

EU committee backs law to relocate euro clearing from London to bloc | WTVB

30 November 2023 BrexitCarnage

​  Long a Brexit battleground between London and Brussels, the EU wants better oversight of clearing in euro denominated interest rate…

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Posted in: Currencies, Europe, Financial Services Filed under: brexit, eu, euro clearing, uk

Scottish independence: Government paper leaves open door to joining euro in future | iNews

17 November 2023 BrexitCarnage Leave a comment

​  62 per cent of Scots voted to remain part of the EU at the Brexit … Brexit referendum (Photo: Getty).…

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Posted in: Currencies, Europe, Financial Services, Scotland Filed under: brexit, eu, uk

Bailey warns against fragmenting clearing market after Brexit | City A.M.

8 November 2023 BrexitCarnage Leave a comment

​  Andrew Bailey, governor of the Bank of England, has warned policymakers against taking steps that would lead to increasing fragmentation…

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Posted in: Banking, Currencies, Europe, Financial Services Filed under: brexit, clearing market, eu, uk

PayPal gets crypto green light in UK as sets up post-Brexit base | Investing.com/Reuters

2 November 2023 BrexitCarnage Leave a comment

​  By Huw Jones. LONDON (Reuters) -PayPal has been registered to offer cryptoasset activities in Britain, the Financial Conduct Authority said…

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Posted in: Currencies, Europe, Financial Services, Regulation, UK Filed under: brexit, crypto, eu, uk

Pound’s mini-budget dip made UK’s Brexit bill dearer | Reuters

1 August 2023 BrexitCarnage Leave a comment

​Sterling’s drop at the time of former Prime Minister Liz Truss’s failed budget plans meant the British taxpayer stumped up…

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Posted in: Currencies, Europe, Financial Services Filed under: brexit, budget, eu, sterling, uk

Top UK Pound Forecaster Pits Sunak Against Brexit’s Shadow | Bloomberg

24 July 2023 BrexitCarnage Leave a comment

​For the world’s most-accurate predictor of the British pound, it all started with the wake-up call of Brexit. Read More  

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Posted in: Currencies, Europe, Financial Services, UK Filed under: brexit, eu, pound, sterling, uk

Investment bank forecasts upcoming sterling weakness | Pound Sterling Live

5 July 2023 BrexitCarnage Leave a comment

​Licensed under CC 2.0 conditions. Speculative investors are the most bullish on Pound Sterling since times predating the value-shattering Brexit…

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Posted in: Currencies, Europe, Financial Services Filed under: brexit, eu, uk

Sterling risks to downside against euro and dollar, MUFG says | ExchangeRates.org.uk

4 June 2023 BrexitCarnage Leave a comment

​Further challenges include Bank of England’s (BoE) outdated forecasting model and Brexit-induced trade tensions. The expected rate hikes by the…

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Posted in: Currencies, Economy, Europe, Financial Services, UK Filed under: bank-of-england, brexit, eu, sterling, uk

When Britain could have backed the euro – and stopped Brexit | Prospect Magazine

30 May 2023 BrexitCarnage Leave a comment

​If Gordon Brown had reached a different judgment on his famous “five tests”, what might have been the economic consequences? Read…

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Posted in: Currencies, Economy, Financial Services Filed under: brexit, eu, euro, uk

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Comment on Carnage

  • Mark on Brexit has been a resounding disaster. Starmer must find the courage to change course | The Guardian
  • Kevin Jones on New entrance fee to visit Europe set to triple, says European Commission | CNBC
  • Elizabeth Gardiner on Labour is risking UK financial crisis by refusing to re-join EU | Rejoin EU Party
  • Elizabeth Gardiner on Brexit rule could leave UK passport holders banned from Spain for three years | Liverpool Echo
  • Elizabeth Gardiner on Reeves accused of leaving devolved nations in red after NICs rise | The Guardian
  • Elizabeth Gardiner on Bregret: Why many Britons regret leaving EU | Deutsche Welle
  • Kevin Jones on Brexiters’ ‘sabotage’ claims as new proposals clear Commons | The Independent
  • Graham on Brexiters’ ‘sabotage’ claims as new proposals clear Commons | The Independent

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