by Christopher Nye | Jan 28, 2019
Sterling enjoyed another fine day on Friday as it posted its fifth consecutive day of gains against the dollar to climb firmly above the $1.31 mark. After Theresa May’s Brexit plans were roundly rejected by Parliament, it looked as if the pound might weaken, but there...
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by Christopher Nye | Jan 25, 2019
Theresa May came under more pressure to extend article 50 yesterday, as the leaders of the UK’s two biggest unions told her to delay Brexit. Both Unite’s Len McCluskey and Unison’s Dave Prentis, had separate meetings with the prime minister, explaining how...
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by Christopher Nye | Jan 25, 2019
On Wednesday, House speaker Nancy Pelosi told Trump that she would block him from delivering his State of the Union address in the House of Representatives chamber in Congress until the government has reopened. After insisting he would still deliver the address on 29...
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by Christopher Nye | Jan 25, 2019
Things are going from bad to worse for the eurozone’s economy at present, with the German manufacturing PMI reading dropping to 49.9 in January from 51.5 in December. The markets had been expecting a more modest dip to 51.3. The news is extremely disconcerting as any...
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by Christopher Nye | Jan 25, 2019
There are increased calls for an article 50 extension which would delay Brexit, albeit temporarily. With only 63 days until the UK is scheduled to leave the EU, Parliament is still undecided on what type of deal to try and agree with the EU. The Parliamentary vote...
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