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Tag Archives: Brexit

LIVE MARKETS-UK banks: as hard Brexit recedes, possible Corbyn victory looms large

* European shares steady * Banks among top sectoral gainers * Asian stocks near 9-month highs April 15 – Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: rm://danilo.masoni.thomsonreuters.com@reuters.net UK BANKS: AS HARD BREXIT ...

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Brexit Can-Kicking Leaves Pound Prospects in Suspended Animation

© Reuters. Brexit Can-Kicking Leaves Pound Prospects in Suspended Animation (Bloomberg) — Pound analysts are struggling to find reasons to be optimistic even after the immediate threat of a no-deal Brexit was lifted. Sterling strengthened this week as the U.K. and European Union agreed to extend the divorce deadline to Oct. 31, but its gains were well short of what ...

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With Brexit Delayed, British Businesses Say: Enough Already

When will it be over? That was the collective response from many British businesses on Thursday after the European Union extended the deadline for the country’s departure from the bloc until Oct. 31, warding off a chaotic crash on Friday. The extension, giving the government an additional six months to come to an agreement over the terms of its divorce… ...

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Brexit delay is more bad news for UK business

The last-minute Brexit delay granted by the European Union removes the immediate threat of a damaging break with the bloc. But it also means that some companies will further delay investment decisions. “Sustained uncertainty is leaving business with its hands tied, reluctant to make everyday decisions on recruitment, expansion, and investment,” said Catherine McGuinness, policy chair at t… Business News

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Comment By Nigel Driffield, Professor, International Business, Warwick Business School: Cliff Edge Avoided But Delayed Brexit Offers Businesses No Certainty To Invest

Nigel Driffield, Professor of International Business at Warwick Business School, said: “In the short term the decision to delay Brexit means businesses can carry on trading, the cliff edge has been avoided. “However, nothing has changed in terms of offering business any certainty. The fundamentals of the economy are strong, but too many projects are on hold and that will ...

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