UK

UK households more confident about their finances in January

Editorial Bureau January 20, 2020

LONDON- A gauge of British household finances hit a one-year high in January, adding to signs that consumer sentiment has improved in the aftermath of Prime Minister Boris Johnson’s decisive election win last month. The monthly IHS Markit Household Finance Index rose to 44.6 in January

UK

Johnson, Macron reiterate Iran nuclear deal commitment

Editorial Bureau January 20, 2020

LONDON- On Sunday, Britain’s Prime Minister Boris Johnson and France’s President Emmanuel Macron reiterated their commitment to Iran’s nuclear deal agreeing to the requirement of a long-term framework. The two leaders reiterated their commitment to JCPoA (Joint Comprehensive Plan of Action) while acknowledging the need to define long-term framework to

UK

1000 EU financial firms to open UK offices post Brexit

Editorial Bureau January 20, 2020

LONDON- Over a thousand banks, payments companies, asset managers and insurers in the EU plan to open offices in post-Brexit Britain to continue serving their clients in the UK, according to regulatory consultancy Bovill. The new offices and the staff will aid mitigate the business loss expected in the Brexit transition period which comes to […]

UK

Asking prices of UK property jump by record 2.3% month-on-month

Editorial Bureau January 20, 2020

LONDON- Asking prices for British houses put on sale in the five weeks to Jan. 11 rose by a record amount for the time of year, property website Rightmove said on Monday, adding to signs of a post-election bounce in consumer and business confidence. Britain’s Royal Institution of Chartered Surveyors and major mortgage lender Halifax […]

UK

Johnson pushing for deeper trade ties with Africa as Brexit nears

Editorial Bureau January 20, 2020

LONDON – British Prime Minister Boris Johnson is set to call for deeper investment ties between Africa and Britain on Monday at a summit with 21 African country leaders, a few days before Brexit. Once Britain formally exits the European Union on January 31st, considered to be the largest trading bloc in the world, Johnson […]

UK

Prince Harry sadly believes no other option but to end royal role

Editorial Bureau January 20, 2020

LONDON- On Sunday, British Prince Harry expressed his sadness on being forced to forfeit his royal duties after he struck a deal with his grandmother Queen Elizabeth and senior Windsors as his wife and him exit their duties as senior royals in an effort to seek an independent future. On Saturday, the Buckingham Palace and […]

UK

UK to open trade talks with U.S. before EU negotiation

Editorial Bureau January 19, 2020

On Friday, Britain’s Prime Minister Boris Johnson is going to begin trade talks with the U.S. before the negotiation with the European Union. Johnson is expected to seek authorisation from the cabinet to open trade talks directly with the U.S. on a Washington visit next month. The decision has not been taken yet and the […]

UK

Post-Brexit, Javid looks to double UK growth

Editorial Bureau January 19, 2020

LONDON – Finance minister Sajid Javid is aiming to roughly double Britain’s underlying rate of economic growth after it leaves the European Union, but will not champion big manufacturing sectors that want to stick to EU rules. In an interview with the Financial Times before he travels to meet business leaders in Davos, Switzerland, Javid […]

UK

The Queen’s statement on the future for Harry and Meghan

Editorial Bureau January 19, 2020

LONDON- On Saturday, the Buckingham Palace announced that Prince Harry and Meghan shall no longer be British royal family’s working members. They shall not be able to use the titles of “royal highness” while heading towards a new independent future. As per Queen Elizabeth’s statement, after several months of conversations and discussions, they have

UK

Johnson plans to relocate House of Lords to York

Editorial Bureau January 19, 2020

LONDON – Britain’s Prime Minister Boris Johnson plans to move the Parliament’s upper house that the House of Lords to York. In the election for the lower house, the Conservatives led by Boris Johnson won most of the seats against the opposition Labour securing a large parliament majority. To secure these gains, Johnson plans on […]