-
Boris Johnson's Conservative Party Wins UK General Election With Outright Majority, Brexit Ahead
Friday, December 13, 2019 - 3:52am | 700Read More...Boris Johnson is set to become the prime minister of the U.K. again, as his Conservative and Unionist Party has won the general elections with a thumping majority. The Conservative Party won 363 out of the total 650 seats in the U.K. parliament, up 70 from last year, giving it a clear...
-
Opinion | Tactical Voting Will Take The UK Into Hung Parliament Territory
Thursday, December 12, 2019 - 3:05am | 754Read More...This column does not necessarily reflect the opinion of the Benzinga editorial board. Tactical voting is nothing new, but in the U.K., as the general election is about to take place in a few hours, it is becoming a significant move adopted by many frustrated remainers. The result of this upcoming...
-
Leaders Exchanging Jibes: Highlights Of NATO Summit in London
Thursday, December 5, 2019 - 7:17am | 461Read More...The North Atlantic Treaty Organization summit ended in London on Wednesday, with the leaders of the allied countries taking plentiful jibes at each other throughout the summit. The U.S. President Donald Trump, of course, led the pack. “Very, Very Nasty” Macron Ahead of the summit, Trump...
-
Want To See Santa? That'll Be $2,500
Monday, November 11, 2019 - 8:05am | 298Read More...London’s iconic department store Harrods has set a strict policy for this year's Santa Claus visits at its Swarovski crystal-encrusted “Secret Forest Grotto.” What Happened Santa Clause visits will only be available to the families who have spent at least £2,000 ($2,560...
-
Facebook Reaches Settlement Over Cambridge Analytica Case In UK
Thursday, October 31, 2019 - 2:52am | 390Read More...U.S. social media behemoth Facebook, Inc. (NASDAQ: FB) has agreed to pay a $646,000 fine over the Cambridge Analytica scandal to the UK Information Commissioner’s Office (ICO), the Guardian reported. What Happened The ICO launched an investigation against Facebook and the now defunct London-...
-
Asia Pacific Markets Take A Plunge After Another Brexit Delay
Wednesday, October 23, 2019 - 12:18am | 332Read More...Markets across Asia Pacific saw a decline late on Wednesday after another Brexit deal delay was announced. What Happened In Japan, where the market reopened after the emperor enthronement day on Wednesday, Nikkei 225 (OTC: JPX) (NDEXNIKKEI: NI225) saw a decline of 0.27%, after the Brexit...
-
UK To Ban Sales Of Energy Drinks To Kids Under 16
Wednesday, July 17, 2019 - 9:25am | 337Read More...U.K. Health Secretary Matt Hancock informed the rest of U.K. lawmakers and government officials the country will ban the sale of energy drinks to everyone under 16 years old, The Sun reported. What Happened Hancock justified his actions in a letter to U.K. Cabinet ministers the ban is a "...
-
GBP/USD: Suffering Brextension Blues
Friday, April 12, 2019 - 10:15am | 547Read More...GBP/USD is leaning lower within a limited trading range. Markets and MPs have a break from Brexit, amid speculation about what's next. The technical picture has worsened for the pair. GBP/USD is trading in the mid-1.3000s, similar to the levels seen on Thursday. Volatility has fallen and so...
-
Parliament Votes To Extend Article 50
Thursday, March 14, 2019 - 6:06pm | 528Read More...The UK's Parliament has voted to ask the European Union (EU) for "a one-off extension to Article 50 ending 30 June 2019," by a significant majority of 210 votes. The extension will need to be agreed by all 27 of the other members of the EU at a meeting on 21 March. The EU...
-
EUR/USD Facing Critical Resistance Amid Brexit Hopes And Market Calm
Thursday, March 14, 2019 - 9:55am | 507Read More...EUR/USD is trading above 1.1300, consolidating its gains. A mix of Brexit optimism and market calm helps it rise. The technical picture is positive for the pair that now faces a crucial test. EUR/USD is consolidating its gains above 1.1300. The pair has now erased all the price it lost after the...
-
Eurotunnel In Out Of Court Settlement With UK Government
Friday, March 1, 2019 - 6:14pm | 550Read More...Rail operator Eurotunnel, which handles passenger and freight trains between the United Kingdom and the rest of Europe, has reached an out of court settlement with the British Government over the train company's claims on no-deal Brexit contracts handed out by the Department for Transport....
-
Ferry Operator Makes Direct Pitch For Brexit Business
Friday, February 15, 2019 - 1:43pm | 913Read More...The vessel operator Compagnie Luxembourgeoise d'Navigation (CLdN) has made a direct pitch to the British Government in a bid to win contracts for spill-over freight in the event of a no-deal Brexit. Speaking directly to Chris Grayling, the British Government's Secretary of State for...
-
3 Reasons To Favor EUR/USD's Further Falls On Friday
Friday, February 15, 2019 - 1:24pm | 608Read More...EUR/USD remains pressured below 1.1300 as the week draws to a close. There are three US worries that join European ones. The technical picture is bearish for the pair. EUR/USD remains depressed below 1.1300, unable to stage a meaningful recovery. Markets are down, suffering from a risk-off...
-
Only 50-DMA Stands In The Way For Sterling To Fall Lower
Thursday, February 14, 2019 - 11:45am | 386Read More...GBP/USD dropped to the lowest levels since January 15th, when the House of Commons rejected the Brexit deal by a broad margin. Cable is coming down today as Parliament debates the next steps in Brexit and also on USD strength. The technical levels point to further downside. The Technical...
-
GBP/USD Forecast: Sterling Leaps Off 100-DMA As UK Inflation Decelerates More Than Expected
Wednesday, February 13, 2019 - 11:41am | 454Read More...The UK Labor party backs the Cooper amendment requiring the government to seek the extension of Article 50 in case of a no-deal Brexit. The UK headline inflation decelerated to 1.8% y/y in January keeping the pressure of the Bank of England to raise the Bank rate amid Brexit uncertainty....












