Factbox: Brexit and the City of London: what changes and when
LONDON (Reuters) – Britain, which left the European Union in January, loses full access to the bloc under transition arrangements that end at 2300 GMT on Dec. 31. The EU is Britain’s biggest financial services customer, worth about 30 billion pounds ($40 billion) a year. The relationship has helped keep Continue Reading
Sunak: no return to austerity in new spending plan
By William Schomberg and Paul Sandle LONDON (Reuters) – British finance minister Rishi Sunak said there would be no return to austerity in a spending plan he will announce on Wednesday, even as the coronavirus crisis pushes Britain’s further above 2 trillion pounds ($2.7 trillion). Sunak, who has rushed out Continue Reading