The British pound has reaped considerable gains on Thursday trading session. GBP/USD is currently trading at 1.3476, up 0.36%.The positive news was about the UK economy, as the final estimate for UK growth in Q3 was 5.5%, revised upwards from 4.8%. The United Kingdom’s GDP is now about 3.3% below …
Read More »France Rejects British Proposal for BREXIT Renegotiations
The French government has rejected the recent request by the United Kingdom to renegotiate the post-Brexit arrangement for Northern Ireland. The French Minister of Europe and Foreign Affairs, Clement Beaune, dismissed accusations of European dominance regarding the issue, Reuters reported. “The European Union has dedicated days and nights for the …
Read More »UK Johnson’s spokesman: No Solutions Can Be Found Within The Northern Ireland Protocol
Earlier today, a spokesperson for British Prime Minister Boris Johnson said that Johnson had urged the European Union to seriously consider proposals related to the Northern Ireland Protocol during his discussion with EU Commission chief von der Leyen. “Our position remains that we are looking forward to significant changes in …
Read More »European Union Rejects British Call for New Northern Ireland Deal
The European Union has reportedly rejected a proposal by the United Kingdom to discuss a new post-Brexit trade deal, regulating Northern Ireland, Reuters reported. Last year, an arrangement has already been reached regarding the issue after four years of negotiations between the two parties. However, businesses in Northern Ireland are …
Read More »European Parliament Postpones a Decision on a Final Vote on a Trade Agreement With Britain
The European Parliament gave the green light Tuesday (April 13th) to the two main committees to vote this week on a trade pact between the European Union and the United Kingdom, but postponed a decision on whether the full parliament will give its approval later this month. The European Parliament …
Read More »UK PM Johnson’s Spokesman: Significant Differences With EU Remain on Northern Ireland Protocol
British Prime Minister Boris Johnson’s spokesman said on Monday that discussion with the European Union on the Northern Ireland Protocol had been constructive but added that significant differences remain.
Read More »UK and EU Reach Initial Agreement to Cooperate in Market Regulation
The United Kingdom (UK) and the European Union (EU) are said to have reached an agreement to coordinate financial markets regulation following the Brexit, Bloomberg reported. The agreed upon Memorandum of Understanding (MoU) has been finalized and is pending the official procedures of approval and ratification. The agreement identifies the …
Read More »UK and EU Working on Vaccine Cooperation as New Variant Emerges in India
The United Kingdom (UK) and the European Union (EU) released a joint statement, expressing aim for cooperation and creating a win-win situation by expanding vaccine supply for all citizens. “We are all facing the same pandemic and the third wave makes cooperation between the EU and UK even more important. …
Read More »EU Plans Legal Action Against UK Over Northern Ireland Trade Rules
The drama of the Brexit saga continues, as disagreements between the United Kingdom (UK) and the European Union (EU) seem to have escalated once again after the European bloc decided to take legal action against what it is considering to be unilateral moves by Britain in regards to the Northern …
Read More »Remarks by BoE’s Bailey on Future UK-EU Relations
The Governor of the Bank of England (BoE), Andrew Bailey, said on Wednesday that now is not the right time for disagreements between the European Union (EU) and the United Kingdom (UK) regarding financial services. Nonetheless, Bailey said that he believes the EU is imposing standards on the UK, which …
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