Brexit economy: sterling fall hits public finances and fails to boost trade

The sharp fall in sterling triggered by the EU referendum result is having an adverse effect on Britain’s already weak public finances but has yet to bring about the expected improvement in the trade deficit, a Guardian analysis of the economic news of the past...

‘Britain is fast becoming the sick man of Europe’ – experts debate Brexit data

David Blanchflower Professor of economics at Dartmouth College, New Hampshire, and member of the Bank of England’s monetary policy committee from June 2006 to May 2009 I keep waiting for the good news that the Brexiters told us would come once the vote to leave...

Uber rival Grab to nab $2.5 billion in fresh funds — partly from Uber’s biggest nemesis

Grab anticipates raising an additional $500 million, which would bring the total to about $2.5 billion. It said this was the largest single financing in Southeast Asia. Grab did not disclose valuation, but Reuters cited a source close to the company and said it will...