OctaFX | OctaFX Forex Broker
Open trading account
Back

UK not to pay financial settlement if there is no trade deal - The Telegraph

" Britain will not pay its agreed £39 billion bill to leave the European Union if a trade deal cannot be agreed, Theresa May has told her MPs," The Telegraph reported in an article on Monday. 

Key quotes from May's letter to her party:

The Government has said that we are a country that honours its obligations, and that is what we will do.

We have agreed a fair settlement of commitments we have made while a member of the EU, in the spirit of our future partnership.

It depends upon a broader agreement being reached – as I have said, nothing is agreed until everything is agreed – so if there is no agreement then our offer also falls away.

Will US banks lend more to firms? – BMO CM

U.S. bank loans to companies have surprisingly weakened this year, despite an upswing in investment as growth in commercial and industrial loans by ba
Read more Previous

Fed expected to change policy - BBH

Analysts at BBH suggest that of the major central banks, only the Federal Reserve is expected to change policy.   Key Quotes “The market has been re
Read more Next
Start livechat