Category Archives: UK

Theresa May Announces Surprise Early Election for June 8

Theresa May reversed early firm promises and announced snap elections.

It’s Not the Gig Economy, Stupid

Why the decline in labor unions has had a bigger impact on the fallen state of wage workers than the much ballyhooed gig economy.

“Henry VIII Clauses” in Britain’s “Great Repeal” Brexit Bill Gives Government Unprecedented Powers

The “Great Repeal Bill” repeals EU laws and gives the executive massive powers to rule by decree in the Brexit transition

Even Before Brexit Triggered, EU Again Signals It Is Not Budging on “Shape of the Table” Issue

The EU is not giving ground as the Brexit trigger date approaches.

Brexit: More on the UK’s Weak Hand

Yet more debunking of pro-Brexit fantasies.

After Failed UK IPO, Bank Software “Dog” Misys May Be Coming to the US!

Misys’s private equity owner Vista is trying for an overpriced exit. As the saying goes, “Little pigs get fed, big pigs get slaughtered.

EU Dings Yet Another Brexit Fantasy: “Equivalence” Deal for the City

Yet another scheme, equivalence, by which the City hope to have its Brexit cake and eat it too, looks to be a non-starter.

French Presidential Contender Macron Backs Tough Stand on Brexit

Macron, who has taken a recent hit as a result of a campaign blunder, took a forceful position on Brexit in a meeting with Theresa May.

Ian Fraser: What the HBOS Fraud Tells Us About the State of British Banking

The £1 billion HBOS Reading fraud, my part in exposing it, and what it tells us about the state of British banking

Brexit: Why Rescue by Trump, Meaning Via a US-UK Trade Deal, Is a Fantasy

Just because Trump gets on with Boris Johnson and Nigel Farage does not mean that a trade pact with the US will be a salvation for the UK.

More Brexit Delusion: City Issues Wish List That the EU Already Rejected

When you’d thought the British had reached the limits of outlandishness on the Brexit front, they manage to outdo themselves.

Nomi Prins: My Political-Financial Road Map for 2017

Some specifics of why political risk and central bank policy will make for a wild ride in 2017.

Deutsche Bank Wins in Stare-Down With Department of Justice Over Mortgage-Backed Securities Liability; Credit Suisse Also Settles While Barclays Holds Out

Deutsche came off well in a mortgage settlement with the DoJ, while Barclay’s decision to fight doesn’t look so smart.

The Fundamental Flaw in Muddied Brexit Thinking

Brexit negotiators seem clueless about how to get out of their own way. Here’s why.

British Press in a Tizzy that the EU Will Be Mean to the City of London in Brexit

The whinging from entitled Brits over the fact that the EU is playing Brexit hardball is getting annoying.