London financial sector relinquishes hopes on full access to EU single market: FT
The City of London has relinquished hopes that the U.K. will retain full access to the European single market for…
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European Union
Sterling drops 1% on rumors UK will start Brexit process next spring
Proving that the prospect of the U.K. leaving the European Union can still unnerve markets, the value of the…
British insurer Admiral’s H1 profit surges 4%
U.K.’s motor insurance company Admiral Group reported a 4 percent rise in first-half pretax profit, just shy of…
EU plans to extend some telecom rules to web-based providers
The European Union is planning to extend telecom rules covering security and confidentiality of communications to…
Monetary policy only offers short-term balm for UK: BoE’s Haldane
Monetary policy can only offer a "short-term balm" for the uncertainty facing Britain's economy in light of the…
TUI says no apparent bookings slowdown from Brexit
Travel company TUI AG (TUI.XE) said on Thursday it delivered a good performance in the third quarter, with strong…
Eurozone governments set Spain, Portugal new fiscal targets
Eurozone governments have set out new fiscal targets for Portugal and Spain as they backed the decision by the…
EU states agree budget fine waivers for Spain, Portugal
European Union states agreed to cancel budget fines for Spain and Portugal and to set new deadlines for them to…
U.K. retail sales surge 1.1% despite Brexit
U.K. retail sales edged higher in July, countering earlier surveys signaling consumer activity is slowing in the…
Dubai real estate markets unlikely to be affected by Brexit
British investors are one of the largest group of investors in Dubai’s property markets but the decision by the UK…