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Latest News
24 Jun
carney boe bank england
Brexit: BoE ready to underpin sterling, says Carney

Bank of England governor Mark Carney said the bank was ready to support sterling after the currency plunged in the wake of the UK's decision to leave the European Union.

24 Jun
Brexit: Result will be 'credit negative' for UK - Moody's, Fitch

The UK’s decision to leave the European Union would be "credit negative” for sovereign and other related entities and most sectors in the country, two ratings agencies said on Friday.

24 Jun
ladbrokes, gvc holdings, betting, gaming, bookmakers, gambling
Bookmakers left to wonder where it all went wrong

Gambling firms have been left with egg on their face as their 90% probability of a Remain campaign victory in the UK's European Union referendum was quashed with a Leave vote triumphing with 52% of the vote.

24 Jun
Weir Group, oil & gas services
Circle Group says payments from Egyptian government continue to be unpredictable

Egypt-focused Circle Oil obtained a measure of relief for its dire financial position after the World Bank’s International Finance Corporation agreed to extend a suspension on a possible tightening of the terms of one of the company’s lending facilities and any repayments due under the same.

24 Jun
ubm london southwark 240 blackfriars road
Handful of stocks gain ground in equity market bloodbath

Despite the post-Brexit bloodbath in equity markets on Friday, there were a few stocks in the black.

24 Jun
Japan, Nikkei, Tokyo, Asia
Asia report: Markets plunge on Brexit shock

Markets in Asia crashed on Friday and gold prices rocketed, with the results of the UK referendum on the European Union being gradually released during the session.

24 Jun
salmond, scotland, scottish, escocia
Scottish politicians call for second independence referendum

Nicola Sturgeon and Alex Salmond have both called for a second referendum on Scottish independence after the United Kingdom voted to leave the European Union on Thursday.

24 Jun
Yellen-Bernanke-fed
Fed unlikely to hike rates until 2017 post Brexit, says ING

As global financial markets tank and the trade-weighted dollar appreciates sharply post Brexit, the chances of the Federal Reserve hiking interest rates this year are slipping away, ING said on Friday.

24 Jun
EasyJet Wearable technology uniforms
Easyjet urges Westminster, EU Commission to secure UK access to EU aviation market

Executives at EasyJet wrote on Friday to the UK government and the European Commission asking them to prioritise Britain remaining a part of the European Union's aviation market.

24 Jun
belfast city hall northern ireland
Brexit: Massive spike in Google "Irish Passport" search

Calls have been made for a referendum on the border between Northern Ireland and the Republic of Ireland following victory for the Leave side in the United Kingdom's vote on EU membership on Thursday.

24 Jun
ryanair oleary remain brexit
Ryanir launches seat sale despite Brexit triumph

Ryanair, the Irish low-cost airline, is having a 24-hour £9. 99 flash sale for people who "need a getaway" after the UK voted to leave the European Union.

24 Jun
trump ramos
Donald Trump calls Brexit a "great thing"

Donald Trump has said that Britain has made a great decision to leave the European Union in Thursday's referendum.

24 Jun
IAG lowers expectations for increase in operating profits in 2016

In the long-term, IAG did not expect the UK's decision to have a "material" impact on the business but it no longer expected to register an increase in operating profits in 2016 similar to the previous year's, the company said in a statement.

24 Jun
FCA
Brexit has 'significant implications' for the UK, says FCA

Brexit “has significant implications for the UK", the Financial Conduct Authority warned on Friday.

24 Jun
Aviva, aviva lgo
Aviva expects no operational impact from Brexit

Aviva did not expect the vote to ‘Leave’ to have any significant operational impact on the company.

24 Jun
20141030 122019 opt 1 opt
LSE and Deutsche Boerse reaffirm merger commitment after Brexit

Deutsche Boerse and London Stock Exchange said they remained fully committed to their $30bn merger on Friday, reiterating that the outcome of the EU referendum played no part in the deal.

24 Jun
eurogrupo reunion grecia tusk
Donald Tusk says EU to assess its future without United Kingdom

President of the European Council Donald Tusk has said that its 27 member states will meet next week to discuss the future of the institution after Britain voted to leave the bloc on Thursday.

24 Jun
libra pound 630
HSBC believes BoE should hold off from cutting Bank Rate

HSBC cut its forecast for economic growth in the UK in 2016 and 2017, while revising its forecast for inflation sharply higher in anticipation of a weaker pound.

24 Jun
gibraltar
Gibraltar closer to co-sovereignty according to Spanish Foreign Minister

Spain's foreign minister said that he laments Britain's decision to leave the European Union, but that it's good news for the country's claim over Gibraltar.

24 Jun
brexit reino unido
Analysts weigh in on Brexit

As the UK’s shock decision to leave the European Union sent risk assets tumbling – with investors pouring into safe havens such as gold, gilts and the yen – analysts weighed in with their thoughts on Brexit.