Category: Brexit Economic Impact

Instantly update and podcast Brexit News and Analysis from varies financial media. NonSell.com summarize all Brexit news and provide a sitemap with summary & link to latest Brexit News for the one who wanted to catch up Brexit Crisis in timely manner.

Protecting workers’ rights is the key post-Brexit task | Letters

Ed Miliband rightly highlights the need to be vigilant against any race to the bottom by those who want to strip away the gains made in recent decades (It’s now clear this government wants UK workers to have as little power as possible, 15 January).It’s ironic that those who feel this is the way to the country’s future prosperity instinctively rail against the state providing social welfare. Have...

UK inflation rises to 0.6%; London average house price exceeds £500,000 – business live

Jamie Durham, economist at PwC, says the stamp duty holiday drove prices up in London: “Prices in the capital rose by nearly 10% on an annual basis, adding £45,000 to the average home in 12 months, and pushing the average house price to over £500,000 for the first time. The stamp duty holiday is a particular benefit in London and is likely to have played a significant part...

Burberry’s European sales slump but Marcus Rashford ads widen appeal

Burberry has reported a near 40% drop in sales in European markets on the back of store closures and fewer tourists but is experiencing a strong rebound in other parts of the world.Sales in Europe, the Middle East and Africa slumped 37% in 13 weeks to 26 December, a major contrast with the Asia Pacific region, where sales jumped 11% on strong demand from Chinese and Korean shoppers.With...

UK inflation starts climb as effects of COVID-19 and Brexit combine

LONDON: British inflation gathered speed in December, starting what is expected to be a climb this year as pandemic-fighting measures, Brexit and a recovery in the economy combine to push up costs for consumers and businesses.Consumer prices rose 0.6 percent in annual terms after a 0.3 percent increase in November, the Office for National Statistics said.A Reuters poll of economists had pointed to a rate of 0.5 percent.A...

If I could only invest in 1 FTSE 100 stock for 2021, this would be it!

A common investing mistake is holding too few shares. In the investing world, there’s no limit to how many stocks I can buy. In fact, when researching different FTSE 100 stocks for 2021, it’s actually better to look for a variety of shares. This helps to diversify my risk in case something unexpected happens to one company that I’ve invested money in. But for argument’s sake, let’s say...

Dixons Carphone has had “teething problems” supplying Ireland after Brexit deal

By Reuters Staff1 Min ReadFILE PHOTO: A sign displays the logo of Dixons Carphone at the company headquarters in London, Britain August 1, 2017. REUTERS/Neil HallLONDON (Reuters) - British electricals retailer Dixons Carphone has experienced some “teething” issues supplying Ireland in the wake of the post-Brexit trade deal with the European Union which kicked-in on Jan. 1, its boss said on Wednesday.“There have been some teething troubles when...

Inflation ticks higher as clothes prices edge up after Black Friday sales

Inflation rose to 0.6% last month as clothing prices edged higher following extended Black Friday discounting the month before.The consumer price index (CPI) measure of inflation was up from 0.3% in November and a little higher than the expected figure of 0.5%. Clothes prices increased fractionally during December over a period when they usually fall. Image: Petrol prices rose Price movements "have been unusual" in 2020 "and appear...

UK stars from Ed Sheeran to Elton John raise alarm over post-Brexit music tours

By Reuters Staff2 Min ReadLONDON (Reuters) - More than 100 British musicians, from pop and rock idols including Ed Sheeran, Sting and Pink Floyd’s Roger Waters to classical stars such as conductor Simon Rattle, have said tours of Europe by British artists are in danger because of Brexit.Slideshow ( 5 images )In a letter published in Wednesday’s edition of The Times newspaper, the musicians said the government had...

UK inflation up on travel costs in December lockdown reprieve

By Reuters Staff2 Min ReadFILE PHOTO: People walk past a sign in a shop window amid the outbreak of the coronavirus disease (COVID-19) in Manchester, Britain, December 15, 2020. REUTERS/Phil NobleLONDON (Reuters) - British inflation gathered speed in December as a temporary easing of COVID-19 travel restrictions helped to push up air and sea fares and a rise in global oil prices made fuel more expensive, official data...

FTSE Live: Breaking news and latest share prices as Joe Biden takes office

Breaking markets news and analysis throughout the day from the Standard’s City team on a big day in Washington DC as Joe Biden assumes office as the 46th President of the USAHighlightsAll eyes on Washington DC for Joe Biden’s inauguarationFTSE set for modest gains on US Treasury Secretary Janet Yellen’s pledge to “act big”FTSE 100 called up 15 points at 6726Inflation rose to 0.6% in December from 0.3%...

Inflation moves up despite lockdown as Brits splash out on clothes and transport

INFLATION jumped in December, even though most shops were shut, as Britons spent on clothes and transport.It rose to 0.8% from 0.6% in November. Economists say inflation will be a big topic this year. ONS deputy national statistician for economic statistics Jonathan Athow said: "Clothing prices put upward pressure on inflation in December, despite some evidence of continued discounting. "Transport costs, including air, sea and coach fares, as...
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