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Tag Archives: UK

UK rates of interest on maintain amid Brexit deadlock

Picture copyright Getty Pictures The Financial institution of England has stored rates of interest on maintain amid continued uncertainty over Brexit. All 9 members of the Financial institution’s Financial Coverage Committee (MPC) voted to maintain charges at zero.75%, the place they’ve been since August final yr. In the meeting’s minutes, …

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UK tries to avert ‘absolute disaster’ with Parliament vote

CLOSE Britain’s Parliament has dealt a significant blow to Prime Minister Theresa Could, resoundingly rejecting her Brexit deal simply 17 days earlier than the U.Ok. is because of go away the bloc. (March 12) AP LONDON – British lawmakers face a brand new Brexit check Wednesday as they vote on whether …

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UK financial development accelerates in January

The UK financial system grew by zero.2% within the three months to January, based on the newest figures from the Workplace for Nationwide Statistics. That matched the earlier three-month development figures. For January the financial system expanded by zero.5%. The ONS stated energy in IT, well being companies and wholesale …

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Brexit: Might the UK drop tariffs to zero?

MPs are set to carry key votes subsequent week on the phrases of Brexit, the result of which might decide whether or not the UK has larger flexibility to set its personal commerce tariffs. A second “significant vote” on the Brexit settlement negotiated by Prime Minister Theresa Could is because …

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UK to maintain commerce penalties post-Brexit

Picture copyright Getty Photographs Picture caption Tariffs will stay on Chinese language ceramic merchandise Chinese language automotive tyres, metal merchandise and ceramic items will proceed to be penalised after Brexit, beneath commerce treatment measures introduced by the federal government. The European Union applies tariffs to imports which were judged to …

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Huawei threat may be managed, say UK cyber-security chiefs

Picture copyright Reuters Picture caption Huawei has mentioned it’s unbiased and offers nothing to Beijing, other than taxes Any threat posed by involving the Chinese language expertise large Huawei in UK telecoms initiatives may be managed, cyber-security chiefs have reportedly mentioned. The UK’s Nationwide Cyber Safety Centre’s choice undermines US …

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Porsche warns UK clients of Brexit worth rise

Picture copyright Reuters Porsche is warning UK clients they may should pay 10% additional for automobiles delivered after Britain leaves the EU. The German agency needs patrons to signal a clause agreeing to a possible tariff, a transfer Porsche mentioned is “precautionary”. Porsche’s proprietor Volkswagen declined to debate if a …

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UK regional airline Flybmi ceases operations

Picture copyright BMI Regional Picture caption Flybmi has a fleet of Embraer jets British regional airline Flybmi has cancelled all its flights and filed for administration, the airline has introduced. The corporate mentioned it had been badly affected by rises in gas and carbon prices and uncertainty over Brexit. The …

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