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Common Market to European Union: A Step Too Far For many UK Citizens?

  •  Published by Pete Nisbet on   August 28, 2017  


Common Market to European Union. It has been pointed out by many Brexiteers that the UK population originally voted to join a ‘Common Market’. The Common Market referendum in June 1975, related to the UK joining a common market in Europe. This was a European market free of import or export tarif [...]

Aston Martin DB11 Saves Company as the Firm Focuses on US Sales

  •  Published by Pete Nisbet on   August 28, 2017  


The new Aston Martin DB11 has saved the company and helped it make a profit in the first half of 2017. This is the first initial half-year profit the car manufacturing firm has made 2008. The pre-tax profit for the first half of this year was posted as £21.1 million. The luxury car manufacturing co [...]

UK Economy Slowing Due to Brexit Negotiation Uncertainties

  •  Published by Pete Nisbet on   August 27, 2017  


The UK economy is slowing down amid uncertainty about Britain’s position in the European Union.  Brexit is having a negative effect on UK growth while the rest of the world appears to be doing well. The immediate aftermath of last year’s unexpected vote to leave the EU was a period of ‘no cha [...]

US Russia Sanctions Put Syndication Funding for Rosneft Purchase On Hold

  •  Published by Pete Nisbet on   August 26, 2017  


US Russia sanctions have delayed the syndication of an Intesa Sanpaolo loan. The loan was provided by the Italian bank to Glencore and Qatar’s wealth fund. The latter needed the finance to buy a stake in Rosneft, the Russian state-owned oil company.   The €5.2 billion loan ($6.2 billi [...]

US Tax Reform on the Cards as President Trump Campaigns For It

  •  Published by Pete Nisbet on   August 25, 2017  


US tax reform is on the cards. It’s no hot news that President Donald Trump wants the tax system reformed. Nor is it any surprise to find that he will start campaigning for it publicly next week. Gary Cohn, the chief economic advisor, gave this information this in an interview with the Financial T [...]

US Exports and UK Tourism: Effects of Strong Dollar and Weak Pound

  •  Published by Pete Nisbet on   August 18, 2017  


US exports and UK tourism are effects of a strong dollar and a weak pound. US factory production dropped in July, largely due to a significant drop in US car production. American cars are more expensive to export due to the relatively strong dollar. According to the US Federal reserve, the drop in p [...]

Dollar Value Falling as EU Economy Gains

  •  Published by Pete Nisbet on   August 13, 2017  


The dollar value is falling. The dollar index has been falling throughout 2017. In fact, it has dropped in value by around 10% against six other major global currencies over the course of this year. The war of words between North Korea and President Trump appears to have been responsible for this dr [...]

Fox – Sky Takeover: Public Interest and Possible Collusion Issues

  •  Published by Pete Nisbet on   August 11, 2017  


The recently published Fox - Sky takeover deal has raised some pertinent questions. 21st Century Fox has made a bid for Sky, including the Sky News service. This is a popular news service that has some influence over how UK viewers view British political issues. The takeover bid by Fox fo [...]

Vantiv Worldpay Merger Agreed to Create Payment Processing Giant

  •  Published by Pete Nisbet on   August 9, 2017  


The expected Vantiv Worldpay merger has been agreed. The deal was initially agreed in principle early July, but has now been confirmed. As part of the agreement, shareholders of Vantiv will hold 57% of the group, with the remaining 43% being held by Worldpay shareholders. [...]

Bitcoin Value Rockets While Bitcoin Cash Falters Due to Hack

  •  Published by Pete Nisbet on   August 6, 2017  


Bitcoin value rocketed 16% Saturday to a lifetime high of $3360.87. This is over three times its value for 2017. However, its alternative cryptocurrency, Bitcoin Cash slipped in value Saturday due to a hack, referred to as a ‘transaction malleabi [...]