Big Victory for Johnson and Conservatives Clears Way for Quick Brexit December 13, 2019 By David Milliken and William Schomberg Britain was speeding towards Brexit on Friday after Prime Minister Boris Johnson won a crushing election victory, ending three years...
Bank of England to Issue Rules for How Banks, Insurers Should Manage Climate Risk March 22, 2019 By Andy Bruce and David Milliken The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial...
UK Corporates Readying for ‘Hardest of Brexits’: Deloitte Survey February 4, 2019 By David Milliken Major British businesses’ appetite to take on financial risk has fallen to its lowest level in nearly a decade due...
No-Deal Brexit Could Be Worse for UK Economy than 2008 Financial Crisis: BoE November 29, 2018 By David Milliken, Huw Jones and William Schomberg Britain risks suffering an even bigger hit to its economy than during the global financial crisis 10 years ago if...
Hard Brexit Could Cost UK 6% of GDP, IMF Warns November 16, 2018 By David Milliken Leaving the European Union without a transitional trade deal would cost Britain about 6 percent of GDP — roughly four...
Brexit-Related Uncertainty Begins to Hit UK Businesses: Surveys October 8, 2018 By David Milliken Britain’s businesses are suffering from Brexit-related uncertainty as exports slow, recruitment difficulties mount and investment plans are scaled back, two...
IMF Contends Failure to Reach Brexit Deal Will Shrink British Economy September 18, 2018 By Andy Bruce and David Milliken Britain’s economy will shrink if it leaves the European Union without a Brexit deal and it will suffer some damage...
Bank of England Governor Warns of Brexit Risks, Angering ‘Out’ Campaigners March 8, 2016 By David Milliken and Huw Jones Bank of England Governor Mark Carney said on Tuesday a vote by Britain to leave the European Union could hit...
ECB Head Sends Strong Signal Bank Will Act to Protect Euro Zone July 26, 2012 By David Milliken and Olesya Dmitracova European Central Bank President Mario Draghi pledged on Thursday to do whatever was necessary to protect the euro zone from...