Aviva Investors and M&G Investments announced a trading freeze on their property funds Tuesday, a day after Standard Life Investments made a similar move for its $3.8 billion fund.
Standard Life Investments announced it is halting trade in its $3.84 billion U.K. property fund. Last week, along with three other real estate funds, it had cut the value of its holdings by 5 percent.
The U.K., reeling under the impact of the Brexit vote, will “barely escape a full-fledged recession,” the rating agency said in a report released Monday.
The Brexit campaigner stepped down saying he had achieved his political ambition with a victory for the “leave” camp in the EU referendum.
London law firm Mishcon de Reya said Sunday it would start legal action against the British government to ensure a parliamentary debate before invoking Article 50.
The plan to reduce corporate tax is part of the government’s efforts to reassure investors spooked by last month’s EU referendum.
The “leave” campaign in the EU referendum had a clear anti-immigrant position, and its leaders called the issue a legitimate and powerful concern for U.K. citizens.
Adopted by a Scottish fish merchant, Michael Gove attended Oxford, then became a journalist. On Thursday, he ended Johnson’s run to become Britain’s prime minister.
The U.K. Justice Secretary and Brexit campaigner announced his decision to file the nomination after repeatedly denying any intentions of being the prime minister.
United Overseas Bank, Southeast Asia’s third-biggest bank by assets and also Singapore’s third-largest lender, took the decision in light of the U.K.’s impending exit from the EU.
The former London mayor was widely expected to succeed David Cameron as the United Kingdom’s next leader.
Voting to leave the EU was the easy part. When and how to depart is tougher, and a Brexit may not happen after all.
After it leaves the European Union, Britain will no longer be obligated to impose EU-backed sanctions against Iran.
Following the U.K.'s vote to leave the European Union, France is playing hardball for a chance to capture the multinational banking business.
The impact of the Brexit is being felt across a huge range of industries and the smartphone market is no different.
“We have not made any changes to our real estate requirements in Frankfurt as a result of the referendum result,” Goldman said in a statement.
Eight banks, including Barclays and HSBC, were downgraded to negative from stable after the U.K. voted to leave the EU last week.
Scotland’s first minister will meet European Parliament leaders in Brussels Wednesday, after the U.K. voted to leave the EU last week.
In a nonbinding vote, members of the British party voted 172-40 against Jeremy Corbyn, the left-wing activist behind a socialist rebranding.
The blogging platform has seen more than 1.5 million posts tagged with #brexit.
Production for shows like "Game of Thrones" is only half the battle. International rights are big business.
Market researchers are predicting a sharp slowdown in technology and advertising spending in Britain.
