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October 18, 2019
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CNBC Business

Boris Johnson’s Brexit deal faces narrow defeat on Saturday, analysts warn

CNBC
British Prime Minister Boris Johnson has insisted he is “very confident” the House of Commons will support his Brexit deal on Saturday. Source link: Click here for more
CNBC Business

‘Awfully high’ risks of a global recession in the next 12-18 months, Moody’s chief economist says

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“Even if we don’t have a recession … I think it’s pretty clear that we’re going to have a much weaker economy,” says Mark Zandi. Source link: Click here for more
CNBC - Real Estate

UK house prices grow at slowest rate in six years, survey says

CNBC Real Estate
Jonathan Nicholson | NurPhoto | Getty Images House prices in the United Kingdom are rising at their slowest rate in six-and-a-half years, according to a well-watched barometer of the property market. The Halifax House Price Index, which is owned and collated by IHS Markit, revealed Monday that house prices in...
Reuters - Business

Brexit raises stakes for Britain in aircraft trade war

Reuters
LONDON (Reuters) – U.S. tariffs on European goods have plunged Britain into a trade war between the European Union and United States just as it plans to leave the 28-nation bloc, infuriating Scotch whisky makers and handing it a dilemma over thousands of Airbus (AIR.PA) jobs. FILE PHOTO: Airbus A330-743L...
Environment

Britain, Struggling With Brexit, Eyes Another Retreat. This One’s From Fossil Fuels.

@BreaknNews
LONDON — In the shadow of a noisy, turbulent Brexit, another epic transformation is underway in Britain. A leading industrial power that built itself on coal and colonialism, Britain is now trying to pivot away from the fossil fuels that powered the industrial age. The government has set a legally...
CNBC Business

Boris Johnson’s Brexit proposal is ‘unlikely to work,’ strategist says

CNBC
U.K. Prime Minister Boris Johnson delivering his speech at the Conservative Party Conference. Danny Lawson | PA Images | Getty Images U.K. Prime Minister Boris Johnson’s latest proposal to take his country out of the European Union would divide Ireland and therefore “is unlikely to work,” a strategist said on...
CNBC Business

UK parliament set to reconvene after government defeat: What next?

CNBC
EU flags flutter on the day of Britain’s newly elected prime minister Boris Johnson’s debut in the House of Commons, outside the Houses of Parliament in central London on July 25, 2019. NIKLAS HALLE’N | AFP | Getty Images The U.K. Parliament is set to reconvene on Wednesday following a...
CNBC Business

Boris Johnson’s opponents split on next steps after Supreme Court ruling

CNBC
Pro-EU supporters outside the British Parliament buildings in London on Dec. 12, 2018.  Mike Newberg | CNBC Opposition lawmakers have overwhelmingly welcomed the U.K. Supreme Court’s ruling that Prime Minister Boris Johnson acted unlawfully by suspending parliament for five weeks. However, they remain divided over the best approach to Brexit...
CNBC Business

UK’s highest court says Boris Johnson’s parliament suspension is unlawful

CNBC
The highest court in the U.K. has determined that the government’s decision to suspend parliament for five weeks was unlawful. Sterling jumped nearly 0.40% on the back of the decision to trade at $1.2478. The President of the Supreme Court, Brenda Hale, said Tuesday the suspension of parliament was not...
CNBC Business

UK’s highest court to rule on whether parliament shutdown is lawful or not

CNBC
United Kingdom Prime Minister Boris Johnson speaks at the United Nations (UN) Climate Action Summit on September 23, 2019 in New York City. Spencer Platt | Getty Images News | Getty Images The British Supreme Court is preparing to rule on the lawfulness of U.K. Prime Minister Boris Johnson’s decision...

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