Headlines 

Are You Pound-Proof Yet? The Brexit Endgame Is About to Begin

Time is running out to position for a disorderly Brexit. That’s the chorus growing louder among pound traders and strategists, with Morgan Stanley joining the said to be preparing for a failure to secure an accord on future economic ties with the EU, the European Council meeting in October and the U.K. Parliament vote on the final exit agreement in December or January are potential flash points, according to the U.S. bank. The pound fell to the lowest level in almost a year against the dollar Thursday, with losses deepening…

Read More
Headlines 

Theresa May’s leadership in the balance amid Tory election fury

Gamble on early election appears to have backfired, with exit poll prediction of hung parliament seen as catastrophic for PM Theresa Mays position as Conservative leader is under pressure after her gamble on an early election appeared to have backfired spectacularly. Tory MPs were shocked and furious after the party lost much of its 20-point badly received Conservative manifesto, but on the performance of May personally, after she made it a presidential-style contest by putting her hoping for a lead in seats of up to 100. The prime minister toured…

Read More