Guy Hoogewerf
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Ryanair have confirmed that flights between the UK and EU will stop after Brexit
Wait, what!?<p>In case you weren’t already worried enough about what life will be like after Brexit, news has just come in that Ryanair will be …
United KingdomThe quiet successes of Brexit
Ignore the doom-mongers, and the EU’s attempts to embarrass Britain – a good deal is looking likelier than ever<p>Just a few weeks ago, the Conservatives triumphed in the local government elections and Theresa May was hailed as an all-conquering Brexit Boudicca who could do no wrong. Now, after her …
European UnionLetters: It’s time to invoke Article 50 and get on with the Brexit negotiations
SIR – I agree with Sir James Dyson, who believes that we should quickly sign Article 50 – and then get on with our Brexit negotiations.<p>Most of those who voted to leave the European Union did not want a long period during which we would continue to pay into the EU and have to abide by all its …
United KingdomSitting in limbo: Decision to leave EU brings UK uncertainty
Since the U.K. voted to leave the European Union, Prime Minister Theresa May has said it again and again: "Brexit means Brexit."<p>Despite the mantra, though, it's far from clear what a British exit from the bloc will look like. Almost three months after the vote, Britons and Europeans still don't …
United KingdomSix reasons why post-Brexit Britain can be like others that thrive outside the single market
So much of the current discussion about our future relationship with the EU is about access to the single market. If we could have all the benefits of belonging to the single market without being obliged to obey its rules, be able to make our own laws, control our own borders, abolish the EU’s …
'I'm certain the European Union's doomed,' says Nobel prize winner
Critics of Brexit could do worse than head down to their local bookshop and buy a copy of the latest economic treatise by Nobel prize winner Joseph …
UK will never leave EU because Brexit process 'too complex', says academic
Britain will never leave the EU because Boris Johnson and other leading Brexiteers did not realise the full complexity of the process, a leading …
United Kingdom'People's Challenge' Planning Legal Case Against Theresa May's Plan To Trigger Brexit Without Parliament Vote
It has already raised more than £50,000.<p>Pro-EU campaigners want Leave supporters to help fund their legal challenge aimed at preventing Theresa May …
United KingdomPro-EU group of MPs challenge Theresa May to protect employment rights
Cross-party Vote Leave Watch, chaired by Chuka Umunna, calls on PM to enshrine EU laws, such as working time directive, into British legislation<p>A new cross-party group set up by pro-remain MPs from the EU referendum campaign has challenged the prime minister to provide commitments that employment …
United KingdomTheresa May tells pro-EU civil servants to get on with the job of delivering Brexit
Theresa May has told pro-EU civil servants that they have been given their "marching orders" and must now get on with the job of delivering Brexit.<p>Senior government sources have privately complained that europhile civil servants are attempting to sabotage Brexit by frustrating the work of ministers.<p>…
Theresa May ‘acting like a Tudor monarch’ over Brexit vote
Reports suggest prime minister will trigger article 50 without allowing MPs to vote on it<p>Sun, Aug 28, 2016, 12:59 Updated: Sun, Aug 28, 2016, …
New tans, same old 'polycrisis' as Europe's summer ends | Reuters
BRUSSELS (Reuters) - The European Union grinds back into action this week after its August break, still dazed by Britain’s midsummer vote to quit the EU and facing much the same “polycrisis” as a year ago: a mass of refugees, a fragile economy, hostile Russians and, yes, those Brits, now more …
EuropeGreece is toying with the EU gods
Despite the fatal flaws in the euro project, it is clear that Europe's leaders will go a long way to stop it from falling apart.<p>In Greek tragedy, hubris is excessive pride towards or defiance of the gods, leading to nemesis. In the ongoing, almost farcical, debt crisis that has afflicted Greece for …
Barclays bill for currency rigging rises above £2bn
The UK bank sets aside an extra £800m, overshadowing rise in underlying profits<p><b>Barclays</b> has set aside an extra £800m for currency rigging fines, suggesting the British bank will pay one of the heaviest penalties for the foreign exchange scandal.<p>The new provisions taken on Wednesday means that …
Are low-paid, outraged workers ready to fight back?
Wages have been falling for years and inequality is growing. But the dissatisfaction of workers may finally force a revolt<p>It was all going to script until the rich guy in the pinstripe suit said young people should “get off their arses”. I was in a television studio for Channel 4, trying to explain …
ECB president Mario Draghi turns Rambo to save euro
Analysis: ECB president Mario Draghi turns Rambo to save the euro but is immediately blasted by critics<p>By<p>Published: 17:32 EST, 5 June 2014 | Updated: …
'Banks should treat card fraud victims better' - watchdog
More than 1.5 million people have cash stolen from credit and debit cards every year, with one in ten wrongly denied a refund by banks<p>Thousands of victims of card fraud wrongly denied refunds could finally get their money back from banks that try to avoid paying compensation, it has emerged.<p>The …
Identity Theft'Bonds have suffered a Somme-like defeat'
Bond investors have suffered a defeat comparable to the losses of the British Army in the battle of the Somme, the head of the world's biggest bond fund manager has said.<p>Bill Gross, the head of Pimco, said the speed and extent of the bond rout in the spring, caused by signals from the American …
Gigantic mortgage fees mar historically low interest rates
The latest 'lowest ever' mortgage rate – from the West Brom – carries at a gigantic £2,494 cost, as mortgage fees return to boom levels<p>Borrowers are being urged to beware of sky-high fees attached to low-rate mortgages as the war for top spot in the best buy tables gathers pace.<p>Banks and building …
The goliaths
IN DECEMBER 2004 Microsoft paid a massive $33 billion dividend to its shareholders. The largest payment of its kind, it made up 6% of the increase in …
EconomicsGreed is no longer good, says King
The backlash against City greed following the financial crisis will be “good” for society, Sir Mervyn King, the Bank of England’s outgoing Governor, has claimed.<p>In one of his last public appearances before his 10-year term ends this month, Sir Mervyn suggested that tales of banking excess from what …
'Insurer ruined trip of a lifetime for my daughters': Dying cancer sufferer's policy cancelled at 11th hour as industry ruthlessly cracks down
By<p>When cancer sufferer Elisa Ager was told she had just months left to live, she dreamed of taking a final family holiday to Disney World in …
Thousands to complain about 'lifetime tracker' payments
<b>Thousands of borrowers are set to make official complaints about a sudden increase in their mortgage rates, which takes effect on Wednesday.</b><p>Some customers of Bank of Ireland (BOI) and Bristol and West will see their repayments double overnight.<p>The changes will affect 13,500 homeowners, who took out …
FinanceInsight: Why did Cypriot banks keep buying Greek bonds? | Reuters
NICOSIA (Reuters) - One day last October, a memory stick containing special software for deleting data was placed into a desktop computer at Bank of Cyprus.<p>A man walks past a branch of Bank of Cyprus in Nicosia March 31, 2013. REUTERS/Yorgos Karahalis<p>Within minutes, 28,000 files were erased, …
The Frankfurt veto
AUSTERITY has been under fire from all corners, lately: from IMF reports showing painfully high multipliers on fiscal cuts, to challenges to the …
Cyprus bail-out vote stirs fresh jitters as slump fears grow in Europe
Cyprus has stunned EU officials by ordering a vote in its parliament on the terms of the EU-IMF Troika bailout for the country, risking a rejection by angry lawmakers and a fresh eruption of the crisis.<p>Attorney general Petros Clerides said the assembly must have a say on the accord, which will …
The IMF is flunking the financial crisis
By turning its fire on Britain, the IMF gives the impression it is out of ideas and solutions<p>Why did nobody see this coming, the Queen asked of the financial crisis some years ago. Today, her question would be only slightly different: if all you economists are so clever, why, more than five years …