Regardless of the outcome, the UK’s 2019 General Election promised to be a pivotal event. After nearly a year of Brexit delays, political infighting and general market uncertainty, Prime Minister Boris Johnson’s decision to call a general election in December was seen as an attempt to deliver a majority government.
The world saw its first regional central bank with the formation of the European Central Bank (ECB). Regional central banks…
The original 29 March Brexit deadline may have been pushed back until 31 October 2019, but questions still remain about what the UK’s withdrawal from the EU will mean for the future of the economy.
Any replacement for the London Inter-bank Offered Rate (LIBOR) will have serious investment, accounting and legal implications for various global stakeholders (SHs). The LIBOR has been the most widely used interest rate in the world.
As expected, the opening weeks of 2019 have been dominated by Brexit. The latest development – albeit a predictable one – saw Theresa May’s proposed withdrawal agreement roundly rejected by MPs, leaving the UK with no clear or determined path for leaving the EU.
The arrest of Carlos Ghosn, Chairman and CEO of Renault, in Tokyo on Monday 19 November has somewhat diverted attention away from ongoing diplomatic efforts to strengthen business ties between France and Japan.
The 2018 Autumn Budget, taking place this Monday (29 October), marks the Government’s last major fiscal statement before the UK’s departure from the European Union in March 2019. With the Brexit deadline looming, this budget has evoked much speculation about the reforms that could be announced to concerning the property market.
Recovery in Europe is picking up. In the United States, the conditions seem to be also favorable for businesses with lower taxes, with low unemployment rates providing disposable income and driving demand.
The old, loose system of data protection, which allowed European Union (EU) members to set their own rules regarding data privacy and security, has become obsolete. Today the rules of the General Data Protection Regulation (GDPR)