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The English News

  • Home
  • UK
    • Britain's Worst Rail Strike in 30 Years

      Britain's Worst Rail Strike in 30 Years

      21st June 2022
      0
    • British Journalist Slams Republican Senator Ted Cruz With Critical Questions About Texas Shooting

      British Journalist Slams Republican Senator Ted Cruz With Critical Questions About Texas ...

      27th May 2022
      0
    • Britain's Worst Rail Strike in 30 Years

      British Intelligence Confirms Russian Attacks on Azovstal

      6th May 2022
      0
    • BBC: Johnson to Apologise to Parliament Over Fine

      BBC: Johnson to Apologise to Parliament Over Fine

      19th April 2022
      0
    • London Underground on Strike After Collective Bargaining Failure

      London Underground on Strike After Collective Bargaining Failure

      1st March 2022
      0
    • BBC: Johnson to Apologise to Parliament Over Fine

      UK Opposition Leader Accuses Prime Minister of Spreading Conspiracy Theory

      10th February 2022
      0
    • British Government Wants to Speed Up European Union Laws

      British Government Wants to Speed Up European Union Laws

      31st January 2022
      0
    • British Government Wants to Speed Up European Union Laws

      There were Also Parties in Boris Johnson's Official Residence on the Eve ...

      14th January 2022
      0
    • Cuddling Animals and Cleaning the House: British Energy Supplier Through the Dust After Tips to Keep Warm

      Cuddling Animals and Cleaning the House: British Energy Supplier Through the Dust ...

      11th January 2022
      0
  • US
    • Shell and BP Pay Staff Travel Costs After US Abortion Ruling

      Shell and BP Pay Staff Travel Costs After US Abortion Ruling

      30th June 2022
      0
    • Goldman Sachs Investment Bank Sees Oil Price Rise Further

      Goldman Sachs Investment Bank Sees Oil Price Rise Further

      7th June 2022
      0
    • British Journalist Slams Republican Senator Ted Cruz With Critical Questions About Texas Shooting

      British Journalist Slams Republican Senator Ted Cruz With Critical Questions About Texas ...

      27th May 2022
      0
    • Elon Musk Sells Shares in SpaceX to Pay for Twitter Deal

      Elon Musk Sells Shares in SpaceX to Pay for Twitter Deal

      17th May 2022
      0
    • Elon Musk Threatened by Head of Russian Space Agency: If I Die Under Mysterious Circumstances...

      Elon Musk Threatened by Head of Russian Space Agency: If I Die ...

      9th May 2022
      0
    • Lloyd Austin: Ukraine Resistance Inspires Free World

      Lloyd Austin: Ukraine Resistance Inspires Free World

      26th April 2022
      0
    • Tech Investor Prosus Sells Billion-Dollar Stake in Chinese JD.com

      American Woman Accidentally Wins Millions

      12th April 2022
      0
    • Russian Ambassador: US Sanctions Hit Ordinary Russian

      Russian Ambassador: US Sanctions Hit Ordinary Russian

      7th April 2022
      0
    • Biden Meets Parents of Ex-Marine Locked Up in Russia

      Biden Meets Parents of Ex-Marine Locked Up in Russia

      31st March 2022
      0
  • Europe
    • Shell and BP Pay Staff Travel Costs After US Abortion Ruling

      Shell and BP Pay Staff Travel Costs After US Abortion Ruling

      30th June 2022
      0
    • Technical Problems at German Air Traffic Control Solved

      Technical Problems at German Air Traffic Control Solved

      29th June 2022
      0
    • German Entrepreneurs More Pessimistic Due to Gas Concerns

      German Entrepreneurs More Pessimistic Due to Gas Concerns

      24th June 2022
      0
    • WWF: Majority of Europeans Do Not See Gas as Sustainable Energy

      WWF: Majority of Europeans Do Not See Gas as Sustainable Energy

      23rd June 2022
      0
    • Google News Available in Spain Again After Eight Years

      Google News Available in Spain Again After Eight Years

      22nd June 2022
      0
    • WWF: Majority of Europeans Do Not See Gas as Sustainable Energy

      European Gas Price Starts Week with New Increases

      20th June 2022
      0
    • NATO Secretary General Cancels Visit to Berlin for Health Reasons

      NATO Secretary General Cancels Visit to Berlin for Health Reasons

      9th June 2022
      0
    • Von der Leyen Calls Russia Greatest Threat to World Order

      Von der Leyen Calls Russia Greatest Threat to World Order

      12th May 2022
      0
    • NATO Secretary General Cancels Visit to Berlin for Health Reasons

      NATO chief: Finland and Sweden can Join Quickly and Safely

      28th April 2022
      0
  • International
    • International Court of Justice Orders Myanmar to Take Measures for Rohingya

      International Court of Justice Orders Myanmar to Take Measures for Rohingya

      23rd January 2020
      0
    • Lebanese Hezbollah Calls for Revenge on the US

      Lebanese Hezbollah Calls for Revenge on the US

      3rd January 2020
      0
    • Greta's father: I Adjusted My Lifestyle, Not for the Climate, but to Save My Daughter

      Greta's father: I Adjusted My Lifestyle, Not for the Climate, but to ...

      30th December 2019
      0
    • Pope Francis Speaks Urbi and Orbi and Calls for Guaranteeing Safety in the Middle East

      Pope Francis Speaks Urbi and Orbi and Calls for Guaranteeing Safety in ...

      25th December 2019
      0
    • Five of Eleven Death Sentences after Journalist Khashoggi Murder

      Five of Eleven Death Sentences after Journalist Khashoggi Murder

      23rd December 2019
      0
    • Indian Rape Victim Who was Set On Fire has Now Died

      Indian Rape Victim Who was Set On Fire has Now Died

      7th December 2019
      0
    • Barnier

      Brexit Conversations Yielded Nothing

      15th October 2019
      0
    • Juncker Gives Johnson The Last Brexit Plan A Chance

      3rd October 2019
      0
    • Cristiano News

      "Not Messi, But Ronaldo Earned This Prize"

      26th September 2019
      0
  • Technology
    • Technical Problems at German Air Traffic Control Solved

      Technical Problems at German Air Traffic Control Solved

      29th June 2022
      0
    • Google News Available in Spain Again After Eight Years

      Google News Available in Spain Again After Eight Years

      22nd June 2022
      0
    • Twitter Pays $150 Million to Settle Privacy Case-Elon Musk Increases Contribution to 33.5 Billion

      Twitter Pays $150 Million to Settle Privacy Case-Elon Musk Increases Contribution to ...

      26th May 2022
      0
    • Netflix Lays Off 150 Employees After Disappointing Figures

      Netflix Lays Off 150 Employees After Disappointing Figures

      18th May 2022
      0
    • Chinese Hackers Target Russian Targets

      Chinese Hackers Target Russian Targets

      4th May 2022
      0
    • Russia Blocks Chess Website for Critical Articles

      Russia Blocks Chess Website for Critical Articles

      25th April 2022
      0
    • Huawei Gives Russian Staff a Month's Leave

      Huawei Gives Russian Staff a Month's Leave

      14th April 2022
      0
    • HP Sees Revenue and Profit Rise

      HP Sees Revenue and Profit Rise

      4th March 2022
      0
    • Netflix Lays Off 150 Employees After Disappointing Figures

      Netflix Star Pleads Guilty to Child Abuse

      11th February 2022
      0
  • Business
    • Putin Decree Puts Pressure on Japanese Trading Houses on Stock Exchange

      Putin Decree Puts Pressure on Japanese Trading Houses on Stock Exchange

      1st July 2022
      0
    • Shell and BP Pay Staff Travel Costs After US Abortion Ruling

      Shell and BP Pay Staff Travel Costs After US Abortion Ruling

      30th June 2022
      0
    • Technical Problems at German Air Traffic Control Solved

      Technical Problems at German Air Traffic Control Solved

      29th June 2022
      0
    • Tech Investor Prosus Sells Billion-Dollar Stake in Chinese JD.com

      Tech Investor Prosus Sells Billion-Dollar Stake in Chinese JD.com

      27th June 2022
      0
    • WWF: Majority of Europeans Do Not See Gas as Sustainable Energy

      European Gas Price Starts Week with New Increases

      20th June 2022
      0
    • China Budget Deficit Reaches Record Due to Corona Measures

      China Budget Deficit Reaches Record Due to Corona Measures

      17th June 2022
      0
    • How To Register A Business

      How To Register A Business?

      16th June 2022
      0
    • Federal Reserve to Raise Interest Rates Further Against High Inflation

      Federal Reserve to Raise Interest Rates Further Against High Inflation

      15th June 2022
      0
    • Goldman Sachs Investment Bank Sees Oil Price Rise Further

      Goldman Sachs Investment Bank Sees Oil Price Rise Further

      7th June 2022
      0
  • Sports
    • Djokovic Cancels Cincinnati Tennis Tournament

      Djokovic Cancels Cincinnati Tennis Tournament

      10th August 2021
      0
    • Japan Extends Corona Emergency Around Tokyo

      Japan Extends Corona Emergency Around Tokyo

      30th July 2021
      0
    • Andy Murray: Olympics can Offer Hope

      Andy Murray: Olympics can Offer Hope

      21st July 2021
      0
    • Czech Volleyball Beach Player Tests Positive in Olympic Games

      Czech Volleyball Beach Player Tests Positive in Olympic Games

      19th July 2021
      0
    • Tokyo Olympic Athletes Village Officially Opens

      Tokyo Olympic Athletes Village Officially Opens

      13th July 2021
      0
    • Japan Extends Corona Emergency Around Tokyo

      Advice From Japanese Doctors: Do Not Allow Spectators During Games

      18th June 2021
      0
    • Nadal Back in Second Place in the World Ranking After Tournament Win

      Nadal Back in Second Place in the World Ranking After Tournament Win

      26th April 2021
      0
    • Basketball Players LA Lakers Second Defeat in NBA

      Basketball Players LA Lakers Second Defeat in NBA

      29th December 2020
      0
    • Basketball Players LA Lakers Second Defeat in NBA

      Los Angeles Lakers Win NBA Title

      12th October 2020
      0
  • Travel
    • Top 6 Campsites in Canada

      Top 6 Campsites in Canada

      18th December 2018
      0
    • Alberta-Canada

      10 Most Photogenic Places On Earth

      3rd May 2018
      0
    • HuaShanChina

      Hua Shan Trail In China

      1st May 2018
      0
    • Holiday

      5 Most Popular Holiday Destinations

      29th April 2018
      0
    • Khao Yai Travel

      Khao Yai- Heaven on Earth

      22nd April 2018
      0
    • Job in Australia

      10 Steps to Get A Job in Australia

      22nd April 2018
      0
    • Summer Camps

      How to Enjoy a Great Time at Summer Camps?

      21st April 2018
      0
    • Perfect Lads Holidays

      4 Tips for Planning the Perfect Lads Holidays

      20th April 2018
      0
  • Putin Decree Puts Pressure on Japanese Trading Houses on Stock Exchange

  • Shell and BP Pay Staff Travel Costs After US Abortion Ruling

  • Technical Problems at German Air Traffic Control Solved

  • All of China Briefly Quarantine Foreign Travellers

  • Tech Investor Prosus Sells Billion-Dollar Stake in Chinese JD.com

InternationalNewsUK
Home›International›British Bank Shares Undermined By Cabinet Crisis

British Bank Shares Undermined By Cabinet Crisis

By James Anderson
16th November 2018
964
0
Share:
London Stock Exchange Overtakes Amsterdam As Europe's Largest Stock Exchange

British Bank shares Undermined by cabinet Crisis. British bank shares are going down on Thursday due to the crisis in the British cabinet.

 

Many cabinet members have resigned to the Brexit plan presented on Wednesday,

 and the position of Prime Minister Theresa May seems to be shaken.

The Royal Bank of Scotland shares recorded a whopping 9.2 percent in the minus at 2.25 pound sterling.

Barclays fell 5 percent to 1.65 pounds, and Lloyds Banking Group was 5.4 percent lower at 0.54 pounds.

British banks will be amongst the biggest losers if the United Kingdom moves without clear agreements from the European Union.

The British pound itself also lost considerable value after the departure of various British cabinet members, including Brexit Minister Dominic Raab.

Compared to the euro, the pound dropped 1.6 percent Thursday morning.

Several politicians leave the cabinet
At 14.50 hours the British pound was worth 1,1304 euros, at 8:00 am it was 1,149 euros.

With the resignation of policymakers, the uncertainty about Brexit on the financial markets is only increasing.

The FTSE 100, an essential British equity index, was unchanged at 7,038 points around 2.50 pm.

But the FTSE 250, which includes more local companies, dropped by 1.4 percent.

Several British cabinet members proposed their resignation after May presented a Brexit proposal on Wednesday evening.

In the British House of Commons, too, protest can be heard against the plans.

A vote of no confidence against May was submitted from the party’s party.

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The English News is a news & media updates magazine, we try to keep you posted with real English news. No fake news, everything we speak is hell true!

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Timeline

  • 1st July 2022

    Putin Decree Puts Pressure on Japanese Trading Houses on Stock Exchange

  • 30th June 2022

    Shell and BP Pay Staff Travel Costs After US Abortion Ruling

  • 29th June 2022

    Technical Problems at German Air Traffic Control Solved

  • 28th June 2022

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  • 27th June 2022

    Tech Investor Prosus Sells Billion-Dollar Stake in Chinese JD.com

  • 24th June 2022

    German Entrepreneurs More Pessimistic Due to Gas Concerns

  • 23rd June 2022

    WWF: Majority of Europeans Do Not See Gas as Sustainable Energy

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