Articles in the article 50 Category
article 50, Brexit, Currencies, sterling »
[vc_row][vc_column][vc_column_text]In a somewhat surprise move, Prime Minister Theresa May has this morning confirmed she wants to hold a snap General Election on 8th of June. Although Downing Street had initially dismissed any early election talk less than a month ago, Mrs May has said that she had ‘only recently and reluctantly’ come to this decision […]
article 50, Currencies, French News, sterling »
[vc_row][vc_column][vc_column_text]Philip Hammond started off with a remark that Chancellors in his position rarely get to make during a Budget announcement; a higher than expected growth of 2% for the UK economy, up from 1.4%. During his speech, he announced that National Insurance contributions for the self-employed is to increase by 1 per cent to 10 […]
article 50, Brexit, French News »
Yesterday a High Court ruling confirmed that only the parliament and not the government has the power to trigger Article 50 and therefore a parliamentary vote will be required before Article 50 is activated. The UK government will appeal the verdict and it will now go to the Supreme Court in December for review. If […]
article 50, Currencies, French News, sterling »
With the pound falling 16% against the euro since the Brexit referendum result, many potential buyers of French property are understandably reluctant/hesitant to crystallise the loss in the value of the pound when committing sterling to finance their house purchase in France.
article 50, Brexit, French News »
The pound has strengthened after the announcement of a High Court decision, which ruled Parliament, and not the UK Government, must hold a constitutional vote to decide as to whether to trigger Article 50 of the Lisbon Treaty.
article 50, Brexit, French News »
Yesterday the pound pushed higher in early trading following confirmation that UK inflation rose 0.2% in September against an expectation of 0.1% and pushing the year on year number to 1.0%. Later in the day further Brexit uncertainties actually played in the pounds favour. News from a hearing in the High Court indicated that the […]
article 50, Brexit, Currencies, French News, sterling »
The pound fell sharply yesterday in early morning trading, as markets reacted to the latest instalment of Brexit. Over the weekend, Prime Minister Theresa May used her speech at the Conservative party conference in Birmingham to pledge that the UK will formally trigger Article 50 of the Lisbon Treaty before the end of March 2017, […]