What Brexit means for the Commonwealth
Jul 07, 2016 17:36 pm UTC| Insights & Views
By voting to leave the European Union, Britains future relationship with its fellow Commonwealth members has assumed both a greater significance and a greater degree of uncertainty. Before the poll, the uniform message...
Property fears after Brexit vote are a sign of wider UK housing problems
Jul 07, 2016 17:18 pm UTC| Insights & Views Real Estate
Immediately after the UK voted to leave the European Union, a number of lead economic indicators went into reverse. Notable among them were housing, property and real estate shares that fell sharply both in the...
Briferendum Aftermath Series: How referendum weighs on UK banks?
Jul 07, 2016 09:31 am UTC| Commentary Business
With the UK referendum going against staying as a member of the European Union that banks which headquarter themselves in London are going to face not months but years of uncertainties. Below described are the main areas...
Briferendum Aftermath Series: Number of suspended property funds doubles
Jul 07, 2016 06:36 am UTC| Commentary Real Estate
Since Standard Life, MA, and Aviva halted withdrawal of investors money in past few days as they have been hit by very large numbers of withdrawal requests, three more have joined in. After the referendum, six fund...
Briferendum Aftermath Series: Pound gets pounded as post-referendum cracks surface
Jul 06, 2016 08:57 am UTC| Commentary Economy
The British pound sterling curved a new 31 year low against the dollar today during the Asian trading hours as the pound dropped to 1.278, a low not seen since 1985. Investors are increasingly becoming nervous as...
Briferendum Aftermath Series: Property trusts hit hard by post referendum withdrawal
Jul 06, 2016 07:48 am UTC| Commentary
Several property trusts halted the withdrawals of money yesterday as more and more clients submit requests for cash in their assets in theUK real estate funds. Two days back, Standard Life announced that it was stopping...
Briferendum Aftermath Series: Theresa May wins the first round of Tory leadership election
Jul 06, 2016 06:11 am UTC| Commentary
As expected, thehome secretary, Theresa May won the first round of Tory leadership election and that with huge margins. May won the backing of 165 members of the Parliament (MPs). Her biggest rival, Andrea Leadsom who was...
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