HSBC warned it may have to delay some investments this year as Europe's biggest bank missed 2018 profit forecasts due to slowing growth in its two home markets of China and Britain. HSBC reported a drop in fourth-quarter revenue amid tumbling stock markets that sapped customer's confidence in investing.
Joan Ryan has become the eighth British Labour MP to quit the party in the past 48 hours, citing its tolerance of a culture of anti-Jewish racism. The Enfield North MP said she was horrified, appalled and angered by Labor's failure to tackle anti-Semitism, saying its leadership allowed Jews to be abused with impunity.
The number of people in work in the UK has continued to climb, with a record 32.6 million employed between October and December, the latest Office for National Statistics figure show. Unemployment was little-changed in the three-month period at 1.36 million.
Seven British Labour MPs have quit their party and set up as a group of independents, saying politics in Britain is “broken” and criticising Labour policy on Brexit and its failure to tackle anti-Semitism among its membership.
Japanese car giant Honda is expected to announce the shutdown of its plant in south west England in 2022, putting 3,500 jobs at risk, media reports said on Monday. The car manufacturer is to announce the closure of its Swindon plant on Tuesday, according to Sky News, but still keep its European headquarters in nearby Bracknell.
The Dutch government sees Brexit not as the elephant in the room but as a giant Muppet-style monster lying on a desk. That is the picture tweeted by Foreign minister Stef Blok, with the warning: make sure Brexit doesn't sit - or lie - in your way. There is a link to an official website where Dutch firms can see the potential impact of Brexit on their business.
Prime Minister Theresa May has suffered another Commons defeat after MPs voted down her approach to Brexit talks. MPs voted by 303 to 258 - a majority of 45 - against a motion endorsing the government's negotiating strategy.
British Prime Minister Theresa May is hoping parliament will show her some love on Valentine's Day by backing a motion reiterating its support for her Brexit strategy and rejecting amendments that would force her hand. Lawmakers in the UK will vote on May's latest motion on Thursday and could be asked to vote on five other amendments brought forward by MPs.
British annual inflation hit a two-year low point in January, undershooting the Bank of England’s 2.0 per cent target on falling oil and other energy costs, official data showed on Wednesday.
In a long interview published this weekend in Clarin, UK ambassador Mark Kent emphasized on the coincidences of UK and Argentina, admitted his appeal in Twitter, a form of soft power, which has made him one of the most popular foreign diplomats in Buenos Aires.