Its value in foreign exchange markets is reliant on purchase of UK financial assets by overseas investors Don Smith October 27, 2016: Despite a run of better than expected UK economic data since the Brexit vote – including 0.7% second-quarter expansion, beating estimates – financial markets are increasingly concerned about the outlook for the country’s...
deVere Mortgages partners with Al Rayan Bank ,To offer Sharia compliant home finance to purchase property in the UK October 11, 2016: deVere Mortgages and Al Rayan Bank have entered into a strategic partnership to offer Sharia-compliant mortgage alternatives to the growing number of expats looking to purchase property in the UK. The alliance follows...
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...
FinTech Group expects new business through financial institutions migrating from London June 27, 2016: In addition to sharp market fluctuations, the surprising outcome of the Brexit Referendum on Friday also led to record trading volumes. The online broker flatex, a member company of the FinTech Group AG, executed about 80,000 trades on Friday on their...
Lewis Crofts EU ‘equivalence’ offers UK banks a narrow back door to Brexit June 21, 2016: British politicians urging voters to keep the UK in the European Union warn that exiting would endanger London’s financial centre by stripping firms of their ‘passport’ to do business across the bloc. Leave campaigners counter that the country’s almost...
Chancellor of the Exchequer said that property prices will be significantly dampened by a UK vote to leave Naomi Heaton May 11, 2016: With the UK’s EU referendum fast approaching, questions are inevitably circulating about how the build-up and outcome will impact property prices and the future of the UK and London market. Indeed, in...
Industry believes decisive UK election result will help only once all hurdles to growth are overcome quickly Peter Taberner May 18, 2015: Britain is still raising its eyebrows, after David Cameron’s Conservative Party won an outright majority in the general election, after five years in Downing Street as part of a coalition government. It was...