Search Results for: Pound
Cameron Heads to Last Supper in Brussels Amid Impasse in London
June 28th, 2016
Two-day EU summit to consider first steps after U.K. vote British influence in bloc has waned even before talks start U.K. Prime Minister David Cameron is set to face his fellow European Union leaders for the first time since ...
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 ...
Will Brexit affect Brits buying homes in the EU?
June 27th, 2016
According to UN figures, around 1.2 million Brits currently live elsewhere in the EU, with many located in France, Spain and Ireland. It is unclear how the Brexit outcome of the EU referendum will affect them – or property ...
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, ...
How one broker weathered the Brexit storm
June 27th, 2016
They knew it was coming. Broker-dealer Interactive Brokers Group Inc. IBKR, -5.50%has been planning for the Brexit vote since February, but, until late Thursday afternoon, the firm thought, like almost everyone else, the U.K. would vote to remain in the European ...
Tier1FX informs that following Brexit vote the 4% marging requirement remains
June 27th, 2016
Tier1FX has issued an announcement to inform that: As Britain voted in favour of leaving the European Union, markets experienced an anticipated high volatility, with the British Pound reaching a 31-years low. Tier1FX confirms that our strict risk controls, advanced technology and preventive ...
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 ...
Investors see bitcoin as safe haven
June 27th, 2016
Demand is up following drop in pound as a result of Brexit Demand surged for bitcoin as a safe haven from the British pound, which plummeted after the UK voted to leave the European Union (EU). The pound fell ...
Solicitor jailed for three years over £360,000 wine scam
June 24th, 2016
A London solicitor has been jailed for three years for laundering at least £100,000 of the proceeds of a fine wine investment scam. Michael Lloyd Wilson, former boss of Global Wine Investments, which shut down in 2012, was sentenced ...
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 ...
