Ratings agency Standard & Poor’s said on Friday it expected Britons to vote to remain in the European Union by a small majority in a June 23 referendum, but that the risk of leaving was a negative for the country’s …
Britain, Europe’s biggest financial center, votes on June 23 on whether to leave the European Union. The country’s banking and fund management industries are among those that could lose most from a so-called Brexit, many analysts have said, though much …
The City of London should expect its preeminent role in the global financial system to fade if Britain leaves the European Union, according to Mark Carney. The governor of the Bank of England — the de facto custodian of the …
More than three-quarters of U.K. public companies surveyed by an auditors’ group haven’t discussed contingency planning for the nation’s potential exit from the European Union with the chairman or the head of the board’s audit committee. Over 60 percent of …
If Britain votes to leave the European Union, the country’s shipping sector faces years of disruption as trade agreements get reworked and currency volatility leads to higher costs at a time when the industry is battling its worst global downturn. …
A survey of London market insurers, brokers, and service providers revealed that 70 percent believe a U.K. exit from the European Union would hurt or severely damage Lloyd’s of London, according to Haggie Partners, a London-based public relations consultancy, which …
The Ontario Teachers’ Pension Plan, one of the biggest investors in British infrastructure, said it is assessing daily the risk that Britain will leave the European Union and is considering hedging the currency risk on its investments. Ontario Teachers’, Canada’s …
Above a factory floor of machines carving metal to within a millionth of a meter, Stephen Cheetham is preparing his company for the unknown: a British exit from the European Union. Since the government announced a referendum on Britain’s future …
Leaving the European Union might cost the U.K. 100 billion pounds ($145 billion) in lost economic output and 950,000 jobs by 2020, the Confederation of British Industry said as it stepped up its campaign against a so-called Brexit. A vote …
Bank of England Governor Mark Carney said on Tuesday a vote by Britain to leave the European Union could hit the country’s $2.9 trillion economy and prompt some banks to move away from London’s global financial powerhouse. In his strongest …
