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Editorial
Assets Worth Trillions Of Pounds Will Leave Britain Ahead Of Brexit
March 22, 2019 04:43 AM AEDT| By Team Kalkine MediaOn Wednesday, Consulting firm EY said, trillions of pounds of assets are leaving the United Kingdom to seek a new centre in the European Union, and around 7000 jobs are also likely to shift from Britain. Financial Institution including banks, assets...
UK Speaker Rules Out 3rd Vote On Brexit deal
March 20, 2019 07:06 AM AEDT| By Team Kalkine MediaBritish Prime Minister Theresa May suffered a fresh Brexit setback on Monday after the Speaker of the House of Commons, John Bercow, warned he would not allow a vote unless the agreement was substantively different to the ones previously rejected by...
Why Should One Consider Buying Shares Listed On The London Stock Exchange?
March 20, 2019 05:03 AM AEDT| By Team Kalkine MediaThere are several reasons to invest in publicly traded companies on the London Stock Exchange. One reason out of that is there are many big corporates listed on the London Stock Exchange, especially the large caps. Take, for example, Unilever Plc, R...
A Comprehensive Look At Brexit Timeline
March 16, 2019 02:49 AM AEDT| By Team Kalkine MediaOn 12th March, the British government's draft Brexit deal was soundly defeated - by a margin of 149 votes - in the House of Commons, even after the prime minister, Theresa May, had won assurances from the EU that the Irish backstop was temporary. The...
Pound Value Declined After Theresa May’s Brexit Deal Was Dumped By The Lawmakers
March 15, 2019 03:57 AM AEDT| By Team Kalkine MediaThe UK currency declined after Theresa May’s revised Brexit plan was rejected by the lawmakers. The Sterling was holding steady in trading but had dropped by 1 per cent against the Euro after the parliament rejected Brexit deal. The pound was holding...
Slower UK Growth In The Quarter To January Despite Early 2019 Rise
March 15, 2019 03:56 AM AEDT| By Team Kalkine MediaAs per data published by the Office for National Statistics recently, the UK economy bounced back during the first month of 2019 but was not enough to offset the weakness at the end of last year. Economic growth held a constant pace of 0.2 per cent d...
House Of Commons Voted Down Theresa May’s Deal For A Second Time
March 14, 2019 04:37 AM AEDT| By Team Kalkine MediaParliament of the United Kingdom once again outvoted the British Prime Minister Theresa May Brexit deal by a humongous margin on Tuesday night. She witnessed rejection for her deal by 391 votes to 242, a preponderance of 149 votes. Around 75 MPs out...
For Fear Of Media Leak, Business Meeting Cancelled By Liam
March 07, 2019 09:10 AM AEDT| By Team Kalkine MediaLiam Fox, the Secretary of State for International Trade, has cancelled the department's regular briefing with business leaders after details of a previous roundtable were leaked to the media. The move comes following the reports that the department...
Another Setback For Prosecutors’ Attempt To Hold Bankers Accountable
March 07, 2019 09:05 AM AEDT| By Team Kalkine MediaA federal judge in San Francisco took the rare step recently of dismissing without sending to the jury a case against a former senior Barclays PLC foreign exchange trader who was accused of conspiracy and fraud charges, a verdict that will prevent fe...
Is Theresa May Going All-Out To Win Support For Her Deal?
March 06, 2019 06:41 AM AEDT| By Team Kalkine MediaThe United Kingdom's Prime Minister Theresa May launched a £1.6 billion "Stronger Towns Fund" to the U.K.'s most impoverished towns - many of which voted to leave the EU - after Brexit. The pot is divided into £1 billion, which has already been alloc...
Standard Chartered Announces Renewed Targets
March 05, 2019 04:51 AM AEDT| By Team Kalkine MediaStandard Chartered PLC lately announced about its refreshed strategic priorities with an aim to deliver significant and sustainably higher returns. The 150-year-old group said it would reduce costs by $700 million over the next three years and will s...
Production In Automotive Industry Slumps In January
March 02, 2019 07:01 AM AEDT| By Team Kalkine MediaAccording to the latest data, in the latest blow for the UK automotive industry, car production in the United Kingdom fell by 18.2 per cent in January, marking an eighth successive month of decline. The industry is facing many challenges, both domest...
Is No-Deal Brexit Still Possible?
March 01, 2019 09:12 AM AEDT| By Team Kalkine MediaGlobal financial giant Goldman Sachs has reduced its probability of a “no-deal” Britain divorce from the European Union to 10 per cent from 15 per cent earlier. Global fund manager and analysts of other banks have also trimmed their chances of Brexit...
Is Consumer Confidence Regaining Momentum Amid Brexit Uncertainties?
March 01, 2019 09:03 AM AEDT| By Team Kalkine MediaThe British households' confidence is holding firm, showing "amazing" stoicism, despite uncertainty increasing by the day as the country heads for Brexit. The GfK consumer confidence index, a measure of consumer confidence published on 28 February 20...
Sterling Reaches Monthly High On News of Delay of Brexit Date
February 27, 2019 08:00 AM AEDT| By Team Kalkine MediaThe Pound Sterling reached to a four-week high against the dollar in Asia trading on Monday following reports that British Prime Minister Theresa May was contemplating delaying the Brexit process beyond the March 29 deadline and stop the U.K. from le...
Is Private Equity And Infrastructure Group, 3i A Better Hedge Against Brexit (III)?
February 26, 2019 09:24 AM AEDT| By Team Kalkine MediaOverview 3i Group PLC (Ticker Symbol: III) is an investment management group with a key focus in Private Equity and Infrastructure, specialising in mid-market core investments in northern Europe and North America. The group is headquartered in Londo...
Changing Dynamics Of Costs Structure In Housing Market
February 26, 2019 07:26 AM AEDT| By Team Kalkine MediaThe United Kingdom's property market has undergone a dramatic change in the last few months. While the housing prices were increasing by an average of 5 per cent before Brexit, markets are experiencing a fall in values, coupled with an increasing cos...
Service Sector Hit Hard By Potential No-Brexit Scenario
February 26, 2019 06:45 AM AEDT| By Team Kalkine MediaAccording to a survey by the Confederation of British Industry, the threat of a cliff edge Brexit is driving business sentiment, especially Britain's services industry, to its gloomiest since the height of the global financial crisis in 2009. Britain...
Capital Markets Caught In Another Headwind From EU
February 24, 2019 01:55 AM AEDT| By Team Kalkine MediaBrussel is planning to restrict trading in companies listed both in the London Stock Exchange and in any other bourse in the European Union if the British government does not reach to a deal regarding its relationship with EU once it leaves the bloc....
A Non-Alcoholic Beverage Company With A Strong ROE And Dividend History
February 24, 2019 01:48 AM AEDT| By Team Kalkine MediaBusiness Overview: Britvic Plc is engaged in the manufacturing and distribution of soft drinks. It is a leading soft-drink company in Europe. Company’s brand portfolio comprising of Fruit Shoot, Robinsons, Tango, J20, Teisseire and Irish soft-drink...
AI on the Rise: A Look at Top AI Companies and Their Stocks