UK Stock Market

Brexit

UK Parliament Approves Brexit Trade Deal

British lawmakers approved Wednesday Prime Minister Boris Johnson’s post-Brexit trade deal with the European Union. Both sides were looking to begin a new chapter of relations with a new agreement. On Wednesday, the European Union and Britain signed the deal, and the British Parliament will finalize its implementation. This ended over four years of negotiation, …

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MyForexNews - UK

UK : People with Severe Allergy Shouldn’t Get Pfizer Vaccine

People with a significant history of allergies should not receive Pfizer Inc.  (NYSE:PFE) and  BioNTech SE’s (NASDAQ:BNTX) Covid-19 vaccine. This was a statement from the U.K.’s National Health Service, after two people experienced reactions from the shots. The warning came on Wednesday, a day after the U.K. began a Covid vaccination program. It became the …

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British Pound, UK

UK Government Preparing For No-Deal Brexit, While The Pound Rallies

 The GBP/USD currency pair later recovered even after the UK declared it was actively managing a no-deal Brexit position as the October 15 deadline approaches. The GBP/USD currency pair later surged even after the UK declared it was actively preparing a no-deal Brexit situation as the October 15 deadline nears. On Wednesday, the GBP/USD currency …

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UK HITS RECESSION, FIRST TIME AFTER 2009

UK HITS RECESSION, FIRST TIME AFTER 2009

The UK economy suffered its most significant collapse between April and June as coronavirus lockdown measures pushed the country into recession. The British economy shrank 20.4% compared with the first three months of the year. Household spending dropped as soon as the shops were ordered to close, while factory and construction output also plunged. This …

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