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Category: Financial Services

Sterling falls after UK GDP unexpectedly contracts in October | Reuters

13 December 2024 BrexitCarnage Leave a comment

​  The pound fell on Friday after data showed the British economy shrank unexpectedly in October, which could prompt traders to…

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

BUZZ-GBP/USD-Trades at familiar levels amid budget, Brexit fallout | IFR

9 December 2024 BrexitCarnage Leave a comment

​  BUZZ-GBP/USD-Trades at familiar levels amid budget, Brexit fallout. Quick read. EMEA, Asia. Andrew M Spencer. You need to be a…

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

British trader uses Brexit loophole which avoids UK creditors – by opening company in France | Telegraph/Yahoo News

2 December 2024 BrexitCarnage Leave a comment

​  A trader has shut down his debt-ridden London company and opened a French one to use a post-Brexit EU loophole…

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

Global fund managers sanguine on UK bonds as budget looms | Reuters

29 October 2024 BrexitCarnage Leave a comment

​  Britain’s finance minister Rachel Reeves will present the first budget of the new Labour government on Wednesday, two years after…

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

UK watchdogs weigh further easing of banker bonus rules, sources say | Reuters

12 October 2024 BrexitCarnage Leave a comment

​  Britain’s top financial regulators are preparing to consult on reforms to crisis-era rules governing deferred bonuses and clawbacks, sources said … Read…

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

The City of London is left out of Brexit discussions. Again | Politico

9 October 2024 BrexitCarnage Leave a comment

​  Despite Labour’s bid to “reset” Brexit relations, the UK’s most globally important industry is once again not part of the…

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Posted in: Banking, Europe, Financial Services, Politics, Regulation, UK Filed under: brexit, brexit-talks, city-of-london, eu, uk

Bullish bets on UK assets take a knock as budget looms | Reuters

7 October 2024 BrexitCarnage Leave a comment

​  Investors are retreating from bullish bets on Britain as hopes of its new Labour leadership reviving growth and investment are…

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

Why super-rich are thinking of leaving UK | Bloomberg/YouTube

13 September 2024 BrexitCarnage Leave a comment

​  … leave and whether Prime Minister Keir Starmer should even care. Is London having another moment? Shaken by Brexit, decimated…

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Posted in: Economy, Europe, Financial Services, Migration, UK, Videos Filed under: brexit, eu, super-rich, uk

Building a shared finance and security vision between Britain and Europe | Politico

11 September 2024 BrexitCarnage Leave a comment

​  Against a geopolitical backdrop that’s unrecognizable from just a few years ago, there’s a strong case for developing a cross-Channel…

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Posted in: defense, Europe, Financial Services, security Filed under: brexit, eu, finance, security, uk

UK Bank Reserves May Fall Below GBP500bn by End-2025 | Fitch Ratings

23 August 2024 BrexitCarnage Leave a comment

​  Fitch Ratings-London-22 August 2024: The reduction in the Bank of England’s (BOE) balance sheet – as earlier unconventional monetary policy…

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Posted in: Banking, Economy, Europe, Financial Services Filed under: bank reserves, brexit, eu, 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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