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Brexit Impact On Drugs - Rising Shortages in UK Highlight Brexit Challenges
Friday, April 19, 2024 - 11:39am | 423Drug shortages in the UK have more than doubled between 2020 and 2023, a recent study by the Nuffield Trust reveals. Brexit is cited as a significant factor exacerbating the country’s struggle to manage shortages in medicine supplies. Since the UK departed from the European Union in...
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UK Could Use Brexit To Make New Crypto Law In Next 12 Months
Tuesday, April 18, 2023 - 11:25am | 600The UK government will use Brexit to carve a different regulatory program for crypto that could come into law in the next 12 months, according to Andrew Griffith, economic secretary to the Treasury. "We've got control back of our rulebook, not something the UK has had for decades,"...
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UK Financial Services Head Plans 'Timely, Sensible And Balanced' Crypto Regulation
Wednesday, January 25, 2023 - 1:27pm | 461U.K. Financial Services Minister Andrew Griffith announced plans for greater engagement with the crypto sector and new post-Brexit laws during a parliamentary debate on regulating cryptocurrencies. "My undertaking is to have six roundtables with the sector with a variety of sector participants...
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Here's What's Going On In The United Kingdom Right Now With The Shortages
Monday, October 4, 2021 - 2:50am | 481The United Kingdom is grappling with shortages that are affecting people purchasing fuel, everyday necessities and, now, the country is reportedly running out of white-collar professionals as well. What Happened: Fuel shortages were more pronounced in London and southeast England over the weekend...
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Fintech Focus For December 30, 2020
Tuesday, December 29, 2020 - 7:14pm | 1342Quote To Start The Day: “Crisis can be… a catalyst or can speed up changes that are on the way — it almost can serve as an accelerant.” Source: Arun Sundararajan One Big Thing In Fintech: Anthony Scaramucci's Skybridge Capital has already invested as much as $182...
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UK Reaches Last-Minute Brexit Deal With EU
Thursday, December 24, 2020 - 2:39pm | 523Just days before a Dec. 31 deadline, the U.K. and the European Union have agreed to terms on a historic Brexit deal that establishes a framework for how European commerce will work starting in January. What Happened: More than four years after the U.K. voted to leave the European Union, the EU...
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Fintech Focus For November 20, 2020
Thursday, November 19, 2020 - 7:41pm | 2302Quote Of The Day: Love yourself first and everything else falls into line. You really have to love yourself to get anything done in this world. - Lucille Ball Fintech Movers: Cashless payments were on the rise before the pandemic hit, and now, eight months into its grip on the U.S., their use is...
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Fintech Focus For November 10, 2020
Monday, November 9, 2020 - 6:42pm | 2688Quote Of The Day: A dying man can do nothing easy. - Benjamin Franklin Fintech Movers: The rise of new financial technologies will call for new approaches to regulation, Federal Reserve Bank of Cleveland President Loretta Mester said Monday. - WSJ UK fintech industry braces for Brexit. Mastercard...
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'Continued Economic Rebound': Stock Market Update For The Week Ahead
Sunday, October 18, 2020 - 2:38pm | 1695The Past Week, In A Nutshell What Happened: Last week ended positive alongside vaccine optimism and a retail sales beat. Remember This: “Regardless of who may win the election, we think the continued economic rebound will support future equity gains,” said Ryan Detrick, chief market...
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Fintech Focus For September 8, 2020
Monday, September 7, 2020 - 9:28pm | 1856Quote Of The Day: People love watching fire burn. - Disclosure Fintech Movers: While challengers might not be making a similar profit in comparison to big banks, it must be noted that large institutions are reportedly seeing their revenues slashed as a result of the emergence of neobanks. -...
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This Day In Market History: Brexit Vote Rocks Europe
Tuesday, June 23, 2020 - 12:09pm | 331Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On June 23, 2016, citizens of the United Kingdom approved a referendum to withdraw from the European Union. Where The Market Was: The S&P 500 closed at $2,113.32, while the Dow...
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UK Formally Confirms To EU That It Won't Extend Brexit Transition
Friday, June 12, 2020 - 3:19pm | 323The U.K. formally confirmed Friday to the European Union it will not extend the Brexit transition period. The U.K. officially left the EU Jan. 31, but the transition period lasts until Dec. 31, which means U.K. is still bound to some EU rules. Cabinet Office minister Michael Gove tweeted...
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The Undervalued Currencies In A Coronavirus Market, According To SEB
Wednesday, June 10, 2020 - 12:24pm | 616The global coronavirus pandemic has impacted forex market performance, with many smaller currencies outperforming the more liquid ones. Prior to the COVID-19 outbreak, Brexit and the trade war between the U.S. and China determined FX performance. “Before the COVID-19 outbreak,...
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Brexit Trade Talks In Deadlock, 'Progress Remains Limited'
Friday, June 5, 2020 - 11:27am | 716The United Kingdom and European Union Brexit trade talks are in a deadlock, with both sides criticizing each other's negotiation stance. 'Progress Remains Limited' Between UK, EU The U.K. officially left the EU Jan. 31, but the transition period lasts until Dec. 31, which...
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Brexit Update: Coronavirus Creates Further Uncertainty Over UK Trade Agreement
Tuesday, June 2, 2020 - 3:41pm | 478The United Kingdom is meeting for the fourth round of Brexit negotiations between London and Brussels Tuesday, as a comprehensive trade deal to replace the transition phase by the end of this year kicks off. The U.K. officially left the European Union on Jan. 31 and is...