As the British economy contracts, overseas businesses and investors are still looking to make deals. Source: NYT > Business – Amie Tsang and Michael J. de la Merced
Bank of England Sees ‘Volatility’ as Brexit Nears
Britain’s central bank said economic growth has probably flattened, weighed by global concerns and uncertainty over the coming departure from the European Union. Source: NYT > Business – Stanley Reed
Brexit and Boris Johnson Send the British Pound on a Slide
As investors take stock of the new prime minister and gauge whether Britain will crash out of the European Union, they are selling the currency. Source: NYT > Business – Peter S. Goodman
The Pound Is a Brexit Barometer. It’s Not Looking Great Right Now.
Britain’s currency has slumped as uncertainty grows over how and when the U.K. will leave the European Union. Source: NYT > Business – Amie Tsang
Alan Turing Will Be New Face of £50 Note, Bank of England Says
The mathematician and computer pioneer was chosen from 227,299 nominations for notable figures in the field of science. Source: NYT > Business – Amie Tsang
British Pound Tumbles, Reflecting Economic Concerns in U.K.
The currency fell against the dollar to its lowest level in two years, as investors grew worried about the country’s prospects and the specter of a no-deal Brexit. Source: NYT > Business – Kevin Granville and Amie Tsang