brexit
Top StoriesFactbox-After Boris Johnson Quits, How Will a New UK PM Be Chosen?
Top StoriesFactbox-Reaction to Boris Johnson’s Resignation
Top StoriesUK PM Johnson Expresses Regret He Cannot Remain as Prime Minister
Top StoriesWhat Next for UK Economy as Boris Johnson Quits?
Increasingly Isolated, Boris Johnson Pledges to Fight On
Date: July 6, 2022
By Elizabeth Piper, Kate Holton and Alistair Smout LONDON (Reuters) – Britain’s Boris Johnson vowed on Wednesday to fight on and not give in to a chorus of calls for him to resign, but his defiant pledge to keep going was met with derision and disregard from a mounting number of his own lawmakers. With...
New UK Finance Minister Zahawi Pledges to Boost Economy
Date: July 6, 2022
By William Schomberg LONDON (Reuters) -Britain’s new finance minister Nadhim Zahawi pledged on Wednesday to rebuild and grow the struggling economy and said he would look at all policy options, including possible tax cuts. Zahawi, who took over the Treasury on Tuesday after the resignation of Rishi Sunak in protest against embattled Prime Minister Boris...
Sterling to Regain Some Lost Ground Over Coming Year – Reuters Poll
Date: July 6, 2022
By Jonathan Cable LONDON (Reuters) – Sterling, down nearly 12% against the dollar since the start of this year, is likely to regain around half of its lost ground in 2022 over the next 12 months as the Bank of England looks set to continue raising interest rates, a Reuters poll found. The BoE was...
Sterling Edges Back Towards More Than 2-year Lows vs Dollar as Boris Johnson Clings to Power
Date: July 6, 2022
By Lucy Raitano LONDON (Reuters) -A battered British pound edged back towards more than two-year lows against the dollar on Wednesday as British Prime Minister Boris Johnson clung to power after key cabinet members quit unexpectedly. The finance and health secretaries resigned late on Tuesday alongside several others in more junior roles, saying they could...
Amazon Faces UK Probe Over Suspected Anti-Competitive Practices
Date: July 6, 2022
LONDON (Reuters) -Britain’s antitrust watchdog is investigating Amazon.com Inc on concerns it was hurting competition by giving its own sellers an unfair advantage in its marketplace over third parties, adding to global regulatory scrutiny of the U.S. tech giant. Britain’s Competition and Markets Authority (CMA) said it opened an investigation on Tuesday into whether Amazon’s...
Sterling Jumps vs Euro, Slips vs Dollar in Thin July Trade
Date: July 5, 2022
By Joice Alves LONDON (Reuters) – Sterling fell on Tuesday against a strengthening U.S. dollar but jumped against the euro in July thinned trade with markets watching for any sign from the Bank of England on its monetary policy path. With some liquidity expected to return to the foreign exchange market later in the day...