Boris Johnson

The ongoing political uncertainty in the U.K. is having an impact on the stock market. The upcoming general election Dec. 12 is expected to send further jitters across FX markets, which could impact the pound sterling and trigger sharp moves, according to analysts.  Prime Minister Boris...

Jeremy Corbyn, leader of the U.K.'s Labour Party, plans to nationalize British Telecom's Openreach broadband network and provide free internet if the party wins power.  The proposal is impacting shares of Vodafone (NASDAQ: VOD), according to an Edward Jones analyst.  The...

More than three years after being approved at the polls, Brexit remains a contentious issue in Great Britain with Prime Minister Boris Johnson continually pushing for new deadlines for the U.K.'s departure from the European Union. An election is scheduled for Dec. 12, just weeks before the...

The European Union on Monday granted the U.K. another three months to exit the bloc. What Happened U.K. Prime Minister Boris Johnson formally accepted the new deadline of Jan. 31, 2020, agreed upon by the European Commission’s decision, BBC reports. Britain has the option to exit the E.U....

Markets across Asia Pacific saw a decline late on Wednesday after another Brexit deal delay was announced. What Happened In Japan, where the market reopened after the emperor enthronement day on Wednesday, Nikkei 225 (OTC: JPX) (NDEXNIKKEI: NI225) saw a decline of 0.27%, after the Brexit...

Queen Elizabeth II delivered a speech Monday outlining the government priority to leave the European Union Oct. 31.  The queen's speech normally marks the opening of a parliamentary session and outlines the government’s proposed policies and legislation for the coming session....

Brexit dscussions between the European Union and the United Kingdom are intensifying with 22 days to go before the U.K. is due to depart from the EU. The Scottish Court of Session delayed a decision on whether to sign a letter requesting a Brexit extension if Prime Minister Boris Johnson refuses to...

A No. 10 Downing Street source has said a Brexit deal is "essentially impossible" in the wake of a call between U.K. Prime Minister Boris Johnson and German Chancellor Angela Merkel, according to a Tuesday BBC report. Johnson and Merkel spoke earlier about the proposals the British...

GBP/USD has extended its falls on the backdrop of chaotic scenes in parliament.  Political developments are set to continue dominating trading today. Thursday's four-hour chart is pointing to oversold conditions. Parliament has returned – and with a vengeance. Prime minister Boris...

UK PM Boris Johnson is back in London and faces calls for resignation. The next steps in Brexit will determine the pound's trading. Wednesday's four-hour chart is showing that GBP/USD is nearing critical uptrend support. "This court has already concluded that the prime minister...

The Supreme Court of the U.K. has declared that Prime Minister Boris Johnson's suspension of Parliament is unlawful. The Tuesday ruling is a huge blow to Johnson, as the Supreme Court has now cleared the way for Parliament to reconvene immediately and resume debating his Brexit plans. The...

The pound sterling hit a two month high of $1.25 against the dollar Friday following comments from European Commission President Jean-Claude Juncker that he is positive the U.K. could reach a Brexit deal with the EU.  The deadline for the U.K. to Brexit and officially leave the EU is Oct...

U.K. Parliament has officially been suspended or “prorogued” until Oct. 14. The move has been met with protests from some MPs who were against the suspension. The decision comes after Prime Minister Boris Johnson’s bid to call a snap election in October was defeated for a...

Boris Johnson's proposal to hold a snap election Oct. 15 has been rejected by MPs in a major setback for the UK prime minister.  His opposition, Labour leader Jeremy Corbyn, has said his party will agree to a snap election if a bill preventing a no-deal Brexit is passed.  MPs will now...

U.K. Prime Minister Boris Johnson lost majority support in the House of Commons as he faced a showdown Tuesday with members of the Conservative Party. Earlier today, Conservative Party MP Phillip Lee defected to the Liberal Democrats. Lee took his seat on the opposition benches as Johnson...