Britain delays post-Brexit border checks on EU goods till 2024

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📚 Daily Digest | Tuesday, Aug 29, 2023

Britain delays post-Brexit border checks on EU goods till 2024

The British government will delay imposing full post-Brexit import controls on goods from the European Union by a further three months, it said on Tuesday, pushing the start date back to January 2024.

Today's Top News

Stock Markets

FTSE 100 Live: Stocks fly; housebuilders gain as planning law eased

Shares in housebuilders are firmly on the front foot after the government announced it was scrapping UK environmental rules that developers say have prevented tens of thousands of homes from being built in recent years.

Cryptocurrency

Bitcoin can't find support among retail investors

Bitcoin continues to struggle with extremely low trading volumes. According to data compiled by CryptoQuant and shared by CNBC, volumes held on the major exchange have dipped to five-year lows, driven by a lack of enthusiasm among retail investors.

Commodities

Oil prices edge higher as Idalia nears Florida coast

Oil prices rose Tuesday, boosted by the potential for supply disruptions as Idalia strengthens to hurricane force as it heads towards Florida.

Forex

Sterling edges higher as traders await steer from Bank of England

The pound ticked higher against the dollar and euro on Tuesday as traders await comments by Bank of England Chief Economist Huw Pill later this week for more direction on the central bank's next move.

Current Affairs

Flight chaos to last for days after air traffic control fault

Disruption to flights in and out of UK is set to last for days following an air traffic control technical fault on Monday. After more than 1,500 flights were cancelled on Monday, transport secretary Mark Harper warned on BBC Radio 4 that further disruption was expected.

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