Boris Johnson’s ego needs to take a back seat if there’s any hope of breaking the Brexit impasse.
The Prime Minister is in Dublin today for a meeting with Irish leader Leo Varadkar to try to find common ground between the British and Irish governments on the issue of the Irish backstop, the main stumbling block in the Brexit withdrawal agreement.
MPs are due to vote today on an early election, but it’s highly unlikely that it will pass.
Therefore, Read More
What a day it’s been in British politics. The Queen has accepted the Prime Minister’s request to suspend parliament from mid-September, therefore reducing the time available to MPs to stop a no-deal Brexit.
The Brexit-battered pound has since taken another beating thanks to Boris Johnson’s highly polemic parliament suspension.
Sterling has fallen more than 0.5% against both the euro and U.S. dollar following the decision, and the pressure will remain Read More
Boris Johnson is now back in the UK following his trips this week to Berlin and Paris, and it would appear that the PM’s Brexit strategy is working.
However, this is mainly due to the threat of a recession in Germany and the need for a good and fair deal for both sides.
Following his meeting with German Chancellor Angela Merkel in Berlin, it looks as though Boris Johnson has brought her closer to his viewpoint on Brexit.
Merkel challenged Johnson to Read More
Whether its Boris Johnson or Jeremy Corbyn in the driver’s seat, the pound will continue to receive a battering in the short to medium-term.
Sterling plummeted 4 per cent on Tuesday within its worst month since October 2016, as the likelihood of Britain leaving the EU without a deal on 31 October increases.
Indeed, as I was quoted as saying in The Sun, The Mirror and International Investment, amongst other media, the British pound is now the second-worst Read More
Everyone’s curious about other people’s net worth, aren’t they? I know I am. And I know that people Google ‘deVere CEO Nigel Green net worth’ frequently. To my mind, this is a good thing as it demonstrates that people are ambitious, committed and keen to succeed.
Taking inspiration and learning from other successful people is certainly one of the key ways I try and develop both professionally and personally.
As I highlight in this video, I look to the likes of Read More
As I have been quoted as saying in Coin Telegraph amongst many other publications, cryptocurrencies like Bitcoin should play an important role in reforming and reviving the UK’s financial services sector after Brexit.
For the first time since the 2016 Brexit referendum, the UK economy has showed signs of contraction, driving speculation of a recession in Britain.
In addition, it also follows Bitcoin, the world’s largest cryptocurrency by market Read More
A global poll recently undertaken by deVere has revealed over half of banking and financial customers across the globe use fintech products and services.
55 per cent of the 883 people surveyed, from the UK, Europe, Asia, Africa, Latin America and Australasia ‘regularly use financial technology to access and manage their money.’
Even looking back two or three years, that figure would have been substantially lower. The fact that 55 per cent of people polled regularly use Read More
As the Tory leadership race is about to come down to the final two contenders, the pound and UK assets can be expected to fall further.
With Rory Stewart knocked out of the contest in the third round yesterday, the final four - Boris Johnson, Jeremy Hunt, Michael Gove and Sajid Javid – will be whittled down to three in a secret ballot later today.
There will then be an additional vote to select the final two, one of whom will be chosen as leader, and of Read More
As U.S. President Trump begins his three-day highly polemic, protest-fuelled state visit to the UK, the real concern should be regarding his mounting multi-front trade wars.
Trump and the First Lady Melania Trump are guests of the Queen and will be attending a ceremony in Portsmouth to commemorate 75 years since the D-Day landings.
Official talks with Prime Minister Theresa May are also scheduled.
Coupled with the large-scale anti-Trump protests, Read More
As it stands, three years have already been lost in Brexit Britain, which could continue well past the October 31 deadline.
Three years of lost time, opportunity and money that the UK cannot get back.
This week alone it was announced that factory closures designed to deal with the original March 29 departure deadline led to a reduction in car production in Britain last month by close to 45 per cent.
Brexit has thrown the UK into a fundamental crisis. It has cost the country Read More
Following Theresa May’s announcement on Friday that she’s resigning as leader of the Conservative party on June 7, it’s imperative that UK and global investors take action to mitigate risks to their wealth.
Sterling immediately rallied against the euro and dollar following the announcement, subsequently giving up its gains.
The race to be the next Prime Minister of the UK is now very much on, which is likely to bring further uncertainty, both Read More
Wealthy Brits and rich international investors are more fearful of a Corbyn government than they are of Brexit, with a growing number of them contemplating moving their wealth overseas.
Indeed, since the start of 2019 an increasing number of deVere clients have been telling our advisers that they fear the harmful effects of a Jeremy Corbyn-led government more so than Brexit, in regard to their wealth.
As deVere’s international investment strategist, Tom Read More