BREXIT
22 May
FX round-up: Sterling in 'sea of red' after Tory wobble
theresa may trump

Sterling was amid a sea of red as Tory-renewed fears of a hard Brexit came to the fore and the party did a U-turn on its so-called 'dementia tax,' all while Labour accelerated in the election polls.

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22 May
London close: FTSE 100 jabs higher as retail rebounds, sterling weakens
shopping, retail, high street

Equities in London went for a jog higher on Monday, helped mostly by rebounding retail stocks and sterling weakness, the latter on the back of UK political turmoil surrounding the election and Brexit coming to the fore.

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18 May
Petrofac boss Asfari donates to Tories amid SFO probe
petrofac ceo ayman asfari

Under-fire Petrofac chief executive Ayman Asfari made a donation to the Conservative party ahead of June’s general election, despite being under investigation by the Serious Fraud Office.

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18 May
EU commissioner says trade deals must meet bloc standards
margrethe-vestager

Any trade deal negotiated by the EU following the conclusion of Brexit negotiations must meet the standards set by the bloc for labour and competition rules, the European Commission’s Margrethe Vestager has said.

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16 May
FX round-up: Sterling mostly lower after consensus-beating CPI rise
shopping consumer spending money purse cash inflation sterling pound cpi

Sterling ended up mostly lower on key crosses Tuesday, but up on the US dollar, in the aftermath of a higher-than-expected print on UK inflation for April.

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16 May
London close: FTSE barges higher after CPI, with consumer goods, miners leading
l-inflation-dans-la-zone-euro-ralentit-nettement-plus-que-prevu-en-mars

Stocks in London barged higher in the aftermath of an unanticipated rise in UK inflation, with consumer-sector and mining equities prominent at the top end of the blue-chip ladder.

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16 May
Commodities: Crude trots higher on continued curb-extension hopes ahead of API data
BP, oil, gas

Crude-oil futures continued to trot higher on continued hopes that Opec-led production curbs will last into 2018, but investors have a wary eye on two sets of US inventories data due out this week.

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15 May
FX round-up: Sterling manages minor gains on dollar, constrained by Brexit concerns
Gherkin, City of London and EU flag by Descrier

Sterling managed minor gains against the US dollar on Monday, these likely constrained longer term by Brexit concerns, but faltered against a basket of commodity currencies.

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15 May
London close: FTSE 100 driven higher by gains in mining, oil stocks
BP oil rig offshore Azerbaijan; oil & gas

Blue-chip stocks in London hit a new record high on Monday, the same as in Germany and on Wall St, as big mining and oil giants improved with the prices of resources.

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12 May
London close: FTSE 100 sets fresh record high
mapa londres big ben

London stocks lumbered through a dull Friday with blue chips again benefiting from a period of sterling weakness during the session.

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11 May
FX round-up: Sterling flips lower on 'Super Thursday' disappointment
mark carney portada

Sterling flipped lower against a bunch of key pairs on Bank of England's 'Super Thursday,' when it all but confirmed an interest-rate hike was a distant prospect.

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11 May
EU Brexit negotiator promises to work with Ireland to avoid hard border
michel-barnier

The European Union's chief negotiator for upcoming Brexit negotiations has promised to aid Ireland in an attempt to prevent the return of a hard border, but warned that appropriate customs controls will have to be implemented.

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10 May
FX round-up: Sterling edges up on dollar, euro ahead of BoE 'Super Thursday'
bank of england

Sterling made cautious gains on the dollar and euro ahead of its so-called 'Super Thursday' centred around the Bank of England tomorrow.

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10 May
CPS clears Conservatives after election expenses probe
brexit vote referendum polling ballot

The Crown Prosecution Service (CPS) has decided not to charge Conservative candidates or party officials after mulling evidence from 14 police forces over electoral spending in 2015.

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09 May
Brexit impact sees huge increase in Britons learning new languages
ep bilinguismo idiomas

Learning a second language has become a priority for many UK citizens ahead of Britain's exit from the European Union, new research has found.

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09 May
Commodities: Oil accelerates lower as markets fret over Opec pledge extension
Nighthawk Energy nodding donkey, oil & gas

Crude-oil futures accelerated lower on Tuesday afternoon as markets fretted about the likelihood of cartel Opec extending its current production pledge.

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09 May
Five-night 'Brexit tour' of London offered for $5995
Christmas, oxford street, shopping, retail, London

Discerning American holidaymakers were treated to a special offer on Monday, as one newspaper advertised a five-night stay in London specifically tailored towards Brexit enthusiasts.

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09 May
'Skills shortage' growing in UK as job candidate availability plunges
hiring staffing recruitment employment jobs

Even two years away from Brexit, UK employers are already complaining of a shortage of suitable job applicants for a wide range of roles.

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09 May
Hiscox navigating difficult environment, sets up EU subsidiary
hiscox

Business at Hiscox continues to grow briskly thanks to sustained strong trading in Retail, although the London Market unit continues to come under pressure reminiscent of the 1990s, as the firm pulls out of the political risks and sets up an EU subsidiary after Brexit.

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09 May
Poll shows record lead for Tories one month out from election
cbautomoviles1

Theresa May's Conservative Party seems as if it could be romping to victory with one month to go until the general election, as an ICM poll shows it possesses a record lead over Labour.

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