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Opinion | Tactical Voting Will Take The UK Into Hung Parliament Territory
Thursday, December 12, 2019 - 3:05am | 754This column does not necessarily reflect the opinion of the Benzinga editorial board. Tactical voting is nothing new, but in the U.K., as the general election is about to take place in a few hours, it is becoming a significant move adopted by many frustrated remainers. The result of this upcoming...
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An American's Guide To The UK General Election
Wednesday, December 11, 2019 - 12:15pm | 589Millions of people in the United Kingdom are preparing to cast their vote in the general election on Thursday, Dec.12. The ongoing political uncertainty in the U.K. is impacting the stock market, and analysts say the pound sterling could be facing particularly turbulent times. General...
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Leaders Exchanging Jibes: Highlights Of NATO Summit in London
Thursday, December 5, 2019 - 7:17am | 461The North Atlantic Treaty Organization summit ended in London on Wednesday, with the leaders of the allied countries taking plentiful jibes at each other throughout the summit. The U.S. President Donald Trump, of course, led the pack. “Very, Very Nasty” Macron Ahead of the summit, Trump...
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Boris Johnson Affirms Plan To Tax Facebook, Google Despite Trump Retaliation
Wednesday, December 4, 2019 - 10:00am | 486At the risk of provoking U.S. President Donald Trump, British Prime Minister Boris Johnson reiterated his intent to tax U.S. internet companies if his Conservative Party wins the national election this month. “On the digital services tax, I do think we need to look at the operation of the big...
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What The UK Brexit Election Means For The Stock Markets, Boris Johnson
Wednesday, November 27, 2019 - 12:23pm | 756The ongoing political uncertainty in the U.K. is having an impact on the stock market. The upcoming general election Dec. 12 is expected to send further jitters across FX markets, which could impact the pound sterling and trigger sharp moves, according to analysts. Prime Minister Boris...
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Analyst: Vodafone Weakness Likely Tied To Corbyn's Proposal To Nationalize Broadband Service
Friday, November 15, 2019 - 3:21pm | 552Jeremy Corbyn, leader of the U.K.'s Labour Party, plans to nationalize British Telecom's Openreach broadband network and provide free internet if the party wins power. The proposal is impacting shares of Vodafone (NASDAQ: VOD), according to an Edward Jones analyst. The...
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How Brexit Will Impact The UK ETF's Big-Name Holdings
Monday, November 4, 2019 - 10:35am | 474More than three years after being approved at the polls, Brexit remains a contentious issue in Great Britain with Prime Minister Boris Johnson continually pushing for new deadlines for the U.K.'s departure from the European Union. An election is scheduled for Dec. 12, just weeks before the...
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EU Grants Another 3-Month Brexit Extension
Monday, October 28, 2019 - 11:32pm | 335The European Union on Monday granted the U.K. another three months to exit the bloc. What Happened U.K. Prime Minister Boris Johnson formally accepted the new deadline of Jan. 31, 2020, agreed upon by the European Commission’s decision, BBC reports. Britain has the option to exit the E.U....
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Asia Pacific Markets Take A Plunge After Another Brexit Delay
Wednesday, October 23, 2019 - 12:18am | 332Markets across Asia Pacific saw a decline late on Wednesday after another Brexit deal delay was announced. What Happened In Japan, where the market reopened after the emperor enthronement day on Wednesday, Nikkei 225 (OTC: JPX) (NDEXNIKKEI: NI225) saw a decline of 0.27%, after the Brexit...
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Brexit Update: Queen Elizabeth II Says UK's Priority Is To Leave EU At End Of Month
Monday, October 14, 2019 - 10:26am | 363Queen Elizabeth II delivered a speech Monday outlining the government priority to leave the European Union Oct. 31. The queen's speech normally marks the opening of a parliamentary session and outlines the government’s proposed policies and legislation for the coming session....
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Brexit Update: Scottish Court Delays Decision On Extension, EU Negotiator Says Deal 'Difficult But Possible'
Wednesday, October 9, 2019 - 8:43am | 548Brexit dscussions between the European Union and the United Kingdom are intensifying with 22 days to go before the U.K. is due to depart from the EU. The Scottish Court of Session delayed a decision on whether to sign a letter requesting a Brexit extension if Prime Minister Boris Johnson refuses to...
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Brexit Update: Germany's Merkel Informs British PM Johnson Deal 'Overwhelmingly Unlikely'
Tuesday, October 8, 2019 - 12:02pm | 686A No. 10 Downing Street source has said a Brexit deal is "essentially impossible" in the wake of a call between U.K. Prime Minister Boris Johnson and German Chancellor Angela Merkel, according to a Tuesday BBC report. Johnson and Merkel spoke earlier about the proposals the British...
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GBP/USD: Brought Down By Boris Johnson
Thursday, September 26, 2019 - 10:23am | 786GBP/USD has extended its falls on the backdrop of chaotic scenes in parliament. Political developments are set to continue dominating trading today. Thursday's four-hour chart is pointing to oversold conditions. Parliament has returned – and with a vengeance. Prime minister Boris...
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GBP/USD: Boris Johnson's Premiership In Danger
Wednesday, September 25, 2019 - 10:37am | 634UK PM Boris Johnson is back in London and faces calls for resignation. The next steps in Brexit will determine the pound's trading. Wednesday's four-hour chart is showing that GBP/USD is nearing critical uptrend support. "This court has already concluded that the prime minister...
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UK Supreme Court Rules Boris Johnson's Pre-Brexit Parliament Suspension Unlawful
Tuesday, September 24, 2019 - 8:31am | 408The Supreme Court of the U.K. has declared that Prime Minister Boris Johnson's suspension of Parliament is unlawful. The Tuesday ruling is a huge blow to Johnson, as the Supreme Court has now cleared the way for Parliament to reconvene immediately and resume debating his Brexit plans. The...