British banks could lose a good number of European and domestic corporate customers in the aftermath of Britain’s vote to leave the European Union in June, known as Brexit, according to a private study released on Tuesday. About 40% of European companies and nearly 25% of U.K. companies already have or are planning to reallocate […]
An Australian artist who was deported from Britain has been told that living with a friend in Yorkshire for a month does not represent “the actions of a genuine visitor to the United Kingdom”. Jody Cleaver was in the middle of a five-month-long trip in Europe, when she was stopped at London’s Stansted Airport, interrogated […]
Britain appears to be bouncing back from the post-Brexit panic in better shape than expected, after a string of indicators showed growth across the manufacturing sector, the building industry and in consumer spending. A survey of manufacturers reported a rise in exports to their highest level in two years. Persimmon, Britain’s biggest housebuilder, said customers […]
Investors took £5.7bn out of UK-based stock market funds last month in the wake of Britain’s vote to leave the European Union, according to latest market figures. Concerns over the referendum result prompted investors to withdraw £5.7bn from UK equity funds and a further £470m from property funds in July, figures from data company Morningstar […]
Weak pound boosts luxury Swiss watch sales in the UK – Financial Times
Image copyright Reuters Image caption Pro-government forces in Yemen are battling Shia Yemeni groups The aid agency Oxfam has accused UK ministers of “denial and disarray” over an agreement to sell arms to Saudi Arabia, which could be used in Yemen. The Saudi-backed Yemeni government is fighting against Shia rebels. The UK government has faced […]
A study from Carnegie Mellon University and subsequent analysis by the Information Technology & Innovation Foundation indicate that the U.K.’s blockage of more than 50 websites was indeed effective at reducing piracy, but neither addresses the fundamental problems with the approach. April saw the publication of “Website Blocking Revisited: The effect of the UK November […]
It boasts spectacular scenery, a temperate climate and a labour shortage in key areas, but New Zealand’s most appealing attribute, according to the country’s leading newspaper, may be that it is “18,000km from Boris Johnson”. More than 10,500 Britons have inquired about emigrating to the country since the Brexit vote, the New Zealand Herald has […]
The sharp drop in the pound has attracted tourists to the UK on shopping sprees, driving a jump in tax-free spending by overseas visitors, according to industry figures. The tax-free shopping company Global Blue said visitors from Asia and the US have been taking advantage of how much further their own currencies will go in […]
South-east England is set for more hot weather while parts of the north are on flood alert. Following heavy rain in North Yorkshire, water has been gushing on to roads from White Scar Caves in Ingleton, in the Yorkshire Dales national park. Video footage from the scene shows cars driving slowly through deep floodwater. On […]
