author - oman observer

With the election next month, some of the loudest voices in the financial district of London have said what policies they would like to see in party manifestos. A financier and former pensions adviser...

Dublin has been the ‘clear winner’ of the shift in financial service activities from London to other European cities due to Brexit, according to almost a third of the companies that have moved at...

Accountancy firms advising large companies on diversity initiatives have been scolded by the UK’s auditing watchdog for not having enough ethnic minorities, women and disabled people in...

Initial public offerings (IPO) on the London Stock Exchange (LSE) are on track for their worst year in the past seven, as political wrangling over Brexit deters companies and investors from going...

The world’s top investment banks stripped out 1,500 front-line jobs in the first six months of this year, as revenues slumped to a 13-year low. Investment banks have been reducing staff more...

A significant step in further strengthening the cordial relations between the Sultanate of Oman and the United Kingdom was portrayed in a day-long forum held at St. Mary’s Church Anthony’s...

Brexit is driving European companies to turn their backs on UK banks in areas such as foreign exchange hedging, cash management and trade finance, a new report says. Greenwich Associates, the...

The UK has strengthened its hold on global trading activity, increasing its lead in currency market and reclaiming top position in interest-rate derivatives. The statistics will help assuage fears...

Fewer than a quarter of fintech companies say they would cope if the UK dropped out of the EU without an exit deal, with access to talent from Europe a key issue for the industry. Approximately...

Financiers in the financial district of London would rather the UK crash out of the EU without an exit deal, even if it harms their own interests, than have Labour party leader Jeremy Corbyn take over...

The likelihood that UK is sliding into a recession rose as new figures last week showed growth in the country’s crucial services sector grinding to a halt. Private sector output fell in August,...

With its economic and social ties, historically, with Britain, Ireland will, of course, be most affected — of the EU countries — with UK’s departure from the bloc. And concern in the country...

Amid the protests and demonstrations at the weekend by pro-remain and anti-no-deal campaigners, British Prime Minister, Boris Johnson, goes ahead with his Brexit preparation. His chief negotiator...

Declining retail sales in Britain have dragged the yearly average down to the lowest level in more than 20 years, according to report from the British Retail Consortium (BRC). The decline has deepened...

With prolonged uncertainty over Brexit and global headwinds taking their toll, Britain’s economic growth is expected to slow considerably next year. It was announced last week that the GDP has...

Boris Johnson’s new government is working on the assumption that Britain will leave the European Union without a deal on October 31 and is set to ramp up borrowing to cover the costs, ministers have...

Senior European politicians have called for a European candidate to replace Christine Lagarde as head of the International Monetary Fund (IMF), with the Netherlands launching a bid to fill the post....

The choice of Christine Lagarde for the position of President of the hugely powerful European Central Bank (ECB) has raised questions on her eligibility for the job. She has led the International...

It’s not surprising that President Donald Trump has strongly expressed his displeasure at the leaked comments of Britain’s Ambassador to the US, Sir Kim Darroch. As one former ambassador to...

The financial services industry has gone through enormous transformation during the past few years, not only in terms of regulation but also in terms of technological advancement. There are lots of...