International Finance

Tag : EU

Economy

Brexit: So far so good for the UK

International Finance Desk
Among other things, it is more price competitive in global markets, thanks to the depreciation of the pound Suparna Goswami Bhattacharya September 26, 2016: Though talks of the adverse after-effects of Brexit have been going on for a while, things have not been as bad for the country as was predicted, at least for now....
Fintech

Enforcing debt when trading with Eurozone customers

International Finance Desk
Implications of Brexit and the importance of a carefully designed risk management strategy Sophie Brackenbury September 19, 2016: Our commercial dispute resolution team was recently instructed to advise on the enforcement of a debt owed to a German business (our client) by a UK company, as part of our debt recovery service.  The outcome was...
Economy

EU likely to make it tough for UK

International Finance Desk
A wrong step in the negotiations may fuel demand from other countries to exit Suparna Goswami Bhattacharya September 15, 2016: Recently, the German economy minister had remarked that Britain must not be allowed to ‘keep the nice things’ that come with EU membership without taking responsibility for the fallout from Brexit. In fact, he warned...
Economy

Confidence among UK businesses improves post Brexit

However, not much excitement about the economy IFM Correspondent September 2, 2016: Things are not as bad as it was thought it would be post Brexit. A monthly business survey has found that more than half of the confidence lost in the aftermath of the referendum has been recovered. However, businesspersons remained largely pessimistic about...
Economy

Flying through the eye of a storm

Expect UK to enter technical recession between second half of 2016 and first half of 2017 Jaspreet Sehmi August 2, 2016: In its first set of projections published since the UK voted to leave the EU, the IMF has downgraded its forecasts for global, eurozone and UK growth. In addition, the Fund says that the...
FinanceWealth Management

Aristo can pave the path for EU citizenship

All you need to do is a direct property investment in Cyprus August 1, 2016: Cyprus boasts some of the world’s finest properties, set against a backdrop of astonishing beauty. It is a place where relaxation comes naturally. One can explore the great history, the excitement of towns and villages, and a range of natural...
Economy

UBS may shift its base outside the UK

Banks worry about losing passporting rights IFM Correspondent July 14, 2016: With uncertainty looming large post-Brexit, some banks may shift their headquarters and offices outside London. Andrea Orcel, president of UBS Investment bank, has warned that it is considering moving its staff to a European country, following the UK’s vote to leave the EU. UBS,...
Economy

Brexit presents big opportunities for the UK

It will now be able to embrace more market-friendly policies Suparna Goswami Bhattacharya  July 13, 2016: While many of us would like to believe that the UK is in a mess, thanks to Brexit, what we all tend to ignore is the upside opportunities that Britain will now have. There are legitimate reasons to believe that...
Uncategorized

Tata Steel to halt sale of UK assets

Brexit has led to lot of uncertainty IFM Correspondent July 11, 2016: Tata Steel has put on hold its plan to sell its UK assets in the wake of Brexit and the uncertainty surrounding rules and regulations. The company is planning to postpone the sale until clarity emerges in UK regarding new rules. The board...
FinanceWealth Management

Post-Brexit, Middle East property investors eyeing UK

Deterioration in the value of the pound sterling has reduced property prices in London Suparna Goswami Bhattacharya July 6, 2016: Britain’s historic decision to leave the EU has sparked a period of volatility across the world’s financial markets. The pound sank to multi year lows against the dollar. David Cameron’s decision to step down has...