EURO2016 – Since the Brexit

– how the world has changed since June 23

Euro 2016: English Team in Turmoil – Undecided about whether to leave France (spoof)

June 28, 2016June 28, 2016 adminEURO2016, Football, ShouldIStayOrShouldIGo0 comment

The England Euro 2016 defeat to Iceland has sent shockwaves through the nation, and has left football fans and players in a turmoil. The surprise defeat of mighty England to the microscopic North Atlantic island nation has led to the immediate resignation of England manager Roy Hodgson. In a statement by Hodgson immediately after the match on Monday evening he said, that he was devastated by the result and that the only reasonable thing for him to do was to resign. He would not ask the team to leave France,…

Financial Markets

UK stripped of AAA rating by Big Two Credit Rating Agencies

June 27, 2016 adminBrexit, EURO2016, ratings0 comment

On a day which has seen UK party politics in turmoil and the England national team crashing out of the EURO 2016 being defeated by microscopic Iceland, two of the three major international credit rating agencies have stripped the UK of its top credit rating, making it more expensive for households, companies and UK government alike to borrow money. The rating was downgraded by two notches, from AAA to AA, by Standard & Poors and by one notch from AA+ to AA by Fitch. UK Growth forecasts were downgraded as well,…