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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 ...
F. Lee Bailey, Lawyer for O.J. Simpson, Files for Bankruptcy Tied to IRS Dispute
June 28th, 2016
F. Lee Bailey, a defense attorney who gained fame for his work in two sensational 1960s cases and later was part of O.J. Simpson’s “Dream Team,” filed for personal bankruptcy, saying he’s more than $5 million in debt. Besides ...
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 ...
Former banker sentenced to two years imprisonment for insider trading
June 28th, 2016
Former banker, 30-year-old Oliver Curtis was today sentenced to two years imprisonment after being found guilty by a Supreme Court jury earlier this month of conspiring to commit insider trading with his former best friend, John Hartman. The Court ...
How will Brexit affect Britain’s trade with Europe?
June 28th, 2016
Britain will have to reach a new trade agreement with the European Union following its decision to sever links with Brussels. The task will be complex and will have to be carried out under the pressure of a two-year deadline. ...
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 ...
Oil prices fall as Brexit lingers, refined products glut looms
June 27th, 2016
Oil prices stabilized on Monday as market participants better absorbed the shock of last week’s vote in Great Britain to leave the European Union and recognized the referendum would have little effect on global fuel demand. Brent crude futures ...
Accountancy profession reacts to the UK’s decision to leave EU
June 27th, 2016
Accountants, tax experts and finance professionals have reacted to the UK’s decision to leave the European Union, with many predicting a wave of uncertainty regarding the economy and British businesses. The Leave campaign received 52% of the referendum, compared ...
Pound Tumbles for a Second Day as Brexit Spurs Political Chaos
June 27th, 2016
Brexit vote reverberates across nation’s political spectrum Sterling drop only half what we’ll see in 2016: Standard Bank The big question for pound traders may have been answered, but the outlook for the currency is murkier than ever. Sterling dropped ...
Winners of Brexit; What happens now
June 24th, 2016
On Thursday, the British public voted to leave the European Union, a shocking result that flew in the face of betting markets and professional prediction firms. On each side of the discussion around the British exit, or Brexit, stood ...