Brexit to slash farmland prices by up to a fifth, forecasts say
Brexit will slice nearly one-fifth off the value of Britain’s commercial farms according to forecasters, bringing to an end the decades-long boom in agricultural land prices as EU…
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Samsung warns of profit drop as chip demand slows
Samsung Electronics expects to post a 29% drop in quarterly operating profit as demand for smartphones and memory chips slows. The firm forecasts operating earnings of 10.8 trillion…
Continue ReadingUK new car sales slump ahead of Brexit ‘existential threat’
British new car sales in 2018 fell at their fastest rate since the global financial crisis a decade ago, hit by the collapse in demand for diesel, as…
Continue ReadingBrexit uncertainty forces City to shift £800bn worth of assets to the EU
Brexit uncertainty has forced City firms to move at least £800bn worth of assets out of London and into rival EU cities, new data reveals. Investment banks, fund…
Continue ReadingWhat will Brexit mean for house prices?
Whether you’re a staunch remainer or avid Brexiteer, there’s no denying that the UK’s impending exit from the EU has caused property market jitters – and the ongoing…
Continue ReadingSpain could SCRAP tax for British tourists visiting Canary Islands because of Brexit fears
British tourists visiting the Canary Islands in 2019 might be spared the local “VAT” in a bid to fight the possible effects of Brexit. President Fernando Clavijo says…
Continue ReadingBrexit anxiety drags UK economy almost to standstill
Services sector report shows slow demand as economists predict GDP growth of 0.1% Brexit anxiety dragged the UK economy almost to a standstill at the end of 2018,…
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