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The pound is surging to a 7-month high after Boris Johnson secured a Brexit deal with the EU

The pound shot up as much as 1.3% in morning trading in London.

The UK’s once star fund manager Neil Woodford was dealt another blow as his equity fund gets shut down

Woodford's fund once managed £10 billion ($12.66 billion), before slamming the fund shut in June, after losing billions.

The pound is soaring on reports that UK and Irish leaders see a ‘pathway’ to a Brexit deal

The British pound rose 0.7% against the US dollar on the news.

Hong Kong Stock Exchange dropped its $36 billion bid for its London rival after the LSE snubbed it

The LSE has said it had "fundamental concerns about the key aspects" of the Hong Kong firm's bid. London Stock Exchange shares sank on the news.
British Prime Minister Boris Johnson will seek an election if his proposal is rejected by Parliament this week.

The pound just plunged to a 2-year low after Boris Johnson threatened a general election, fanning fears of more Brexit chaos

Britain's Parliament is meeting this week to vote on legislation preventing a 'no deal' departure from the EU.

Europe has a 70% chance of falling into recession, top economist warns

Allianz's chief economic adviser, Mohamed El-Erian, pointed to Brexit and a shrinking German economy as key drivers of a downturn.

Stocks are dropping on Italian political strife, weakness in the UK and German economies, and lingering trade-war fears

German exports fell the most in three years in June, while Italy's deputy prime minister called for a snap election.

The UK, German and Italian economies are all tanking at the same time

"We're starting to fear a Q2 GDP crash in Germany," says Pantheon Macroeconomics.