Category: United Kingdom

Could No Trade Deal with the EU be Good News?

18 Aug 2017
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Leaving the EU without a trade deal won’t be British economy’s doomsday, according to the free market think tank Institute of Economic Affairs (IEA). The research centre published a report, concluding that the UK should focus on reaching unilateral free trade agreements with its major trading partners such as the United States, Canada, Australia, New […]

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British Business is Calling for United Brexit Position

04 Aug 2017
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One of the oldest business organisations in the UK – the Institute of Directors (IoD) has urged political leaders to put their differences behind them and find a united position of what to offer on Brexit ‘s negotiation table. According to IoD’s report “Bridging the Brexit Gap” “if both parties are serious about achieving an […]

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The UK Treasury Said No To Extra Fees on Credit Cards

19 Jul 2017
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The UK Treasury department banned the so-called surcharges on credit and debit cards, imposed by businesses and public organisations as extra fee on their services. The ban will enter from 1st January 2018 and according to Stephen Barclay, Economic Secretary to the Treasury will put an end to the “nasty surprises” and “rip-offs”. “This change […]

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Theresa May is in Danger

10 Jul 2017
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There is speculation that Theresa May’s position is in danger with many Tory MPs asking for her resignation. Finding herself in a difficult situation, May is now asking the Labour party’s help in order to create policies for a post-Brexit Britain. On Tuesday, she will attempt to emphasise that her “commitment to change Britain is […]

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G7’s “Most Difficult Meeting”

26 May 2017
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The quiet resort town of Taormina, Sicily has become the center stage for the world’s politics theater since this morning. The leaders of the Group of Seven (G7), the world’s most powerful economic leaders, are meeting there to discuss the most crucial problems and international issues in today’s world – such as the fight against […]

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UK’s Post Brexit Trade Partners

26 May 2017
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EU leaders have confirmed that no trade deal will be discussed with the UK, until an agreement on other critical issues has been reached. One of these issues is the so called “divorce bill”, which according to some experts might reach up €100bn. Despite that, this sum hasn’t been officially confirmed, although it has already […]

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EU Leaders Agree on Final Brexit Negotiation Guidelines

23 May 2017
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EU leaders have reached the final agreement on their Brexit proposal. The last version has confirmed the terms, that senior EU officials had already underlined several times – no trade deal until there is an agreement on other key issues. “All 27 of us today have confirmed the position we’re going to defend,” Michel Barnier, […]

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DHS to Expand The Laptop Ban Over European Flights

18 May 2017
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The US Department of Homeland Security (DHS) is considering to expand the ban on laptops, tablets and larger smartphones on-board flights coming in from Europe. Representatives from the DHS met with European officials on Wednesday to discuss the new restriction. The meeting was an initiative by European administrators who asked for clarification on the parameters. […]

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UK’s Inflation – Highest in Four Years

16 May 2017
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The UK’s inflation has reached the highest level since 2013, surpassing the analysts’ predictions. According to the report of the Office for National Statistics (ONS), the inflation rate in April is 2.7% up from 2.3% in March. The preliminary analysis was setting the level between 2.4% and 2.6%. The high inflation rate is mainly due […]

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World Under Ransomware Cyber Attack

15 May 2017
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In the wake of last week’s attack, a cyber nightmare has paralyzed computers and worried IT specialists around the world. The malware software, called WannaCry attacked over 200,000 computers in 150 countries across the globe. The attack started in the early hours of Friday and continued through the weekend. WannaCry, a software which enters the […]

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