Brexit Update: Potential EU Backstop Concession
Brexit Deal In Doubt Developments within the ongoing Brexit negotiations this week have cast further doubt over the likelihood that UK Prime Minister Boris Johnson will be able to agree a Brexit deal with the EU. The PM offered a set of amended terms to the EU last week, hoping for his new deal to […]
UK PM To Submit Fresh Brexit Deal To EU
New Brexit Proposals On The Table As the October 31st Brexit deadline draws closer, there is still a great deal of uncertainty about how the UK will leave the EU or if it will at all. Under new legislation passed recently by MPs (Benn Bill) parliament now has until October 19th to approve a Brexit […]
EURGBP Hits Highest Levels in 10 Years on Brexit Fears
GBP Down Despite Data Beats It’s been an interesting week for the GBP as we’ve had a raft of data out, the majority of which surprised to the upside! However, price action has remained stubbornly muted. So, on Tuesday we had labour market data out of the UK, which saw average weekly earnings ticking up […]
Could It Be? UK Snap Election Chances On The Rise?!
The appointment of Boris Johnson as leader of the UK conservative party and, consequently, the country, has put a fresh focus on the issue of Brexit. A great deal of support for Johnson’s campaign was premised on his staunch pro-Brexit stance. Indeed, the new PM has vowed to take the UK out of the EU […]