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The future of electric vehicle production in the UK is under threat unless the Government reworks the Brexit deal, Vauxhall parent Stellantis has warned.
Experts have warned that there is an "existential threat to the UK car industry" as manufacturers consider pulling out of the country.
Barclays Plc expects to increase its headcount in Paris by about two thirds in the next two to three years, as the French capital increasingly becomes the main trading hub in continental Europe for global lenders after Brexit.
Stellantis warns UK government that the fledging electric vehicle industry is being jeopardised by a new 10% tariff.
Vauxhall carmaker Stellantis warns of ‘significant job losses’ if Brexit deal is not amended
17/05/2023
Stellantis has committed to making electric vehicles in the UK but it is no longer able to meet Brexit trade rules on where parts are sourced.
Stellantis has warned it won’t be able to keep its commitment to building electric vehicles in the UK without changes to the Brexit deal.
Conference of European Rabbis has planned move from London for years, viewing need for its offices to be in heart of Europe; organization’s head says Germany is ideal location.
One of Europe’s most prominent associations of Orthodox rabbis is moving its headquarters from London to Munich in a ripple effect from the United Kingdom’s withdrawal from the European Union.
The boss of a major UK manufacturing firm has told the BBC he is considering moving investment to the US or Europe due to new subsidies offered there.
The UK’s decision to separate from the European Union continues to reverberate and is overwhelmingly negative, according to the latest review of the country’s pro-AV market in the May print edition of AV Magazine.
Brexit propels UK fintech Paysend to Dublin
28/04/2023
Paysend, a UK fintech with a focus in card-to-card consumer payments, has announced the opening of a Dublin office in order to access the EU’s Single Market.
Post-Brexit Britain does not have the money or the political will to respond to challenges from the US and EU.
Citigroup Inc. is preparing to shift more business into the European Union on the back of fresh guidance from regulators this week, a top banker in the region said.
Three years on, Brexit is still impacting both U.K. and Europe-based brands in luxury fashion. Niche and young brands, in particular, are having a hard time with the fallout, though many have secured manageable workarounds.
Three years after Brexit, we asked designers, design entrepreneurs and representatives of British design organisations how the withdrawal from the European Union has affected the design industry.
Trade body Make UK adds to pressure on Rishi Sunak as it calls for reset of relationships with Europe. / Business leaders say frayed relations with the EU are costing the British economy, as suppliers in the bloc grow more cautious about doing business with post-Brexit Britain.
Sunak urged to rejoin £84bn EU scheme as 70% firms plot UK exodus in blow to 'superpower'
27/02/2023
Recent policy moves in the US and the EU threaten to leave the UK in the dust, Express.co.uk was warned.
Eighty-four per cent of fintech firms that planned to partly relocate UK operations to the European Union after Brexit ultimately enacted those plans by 2023; according to researchers at Anglia Ruskin University.
Almost 40% of surveyed firms have opened offices outside the UK, the majority in the EU. / UK FinTech firms who predicted in 2018 that they would partly relocate their UK operations to the European Union after Brexit have largely followed through with their plans, according to new research published today in the journal Advances in Economic Geography.
Senior Italian government officials say that the economic and social turbulence in Britain that has followed the withdrawal from the EU has been eye-opening, writes Kim Sengupta.
Three years on since the UK left the European Union (EU), a Midlands business owner has described the move as a "complete disaster". / Nic Laurens, who runs an abrasives supply firm in Shropshire, moved 90% of his company to the Republic of Ireland in order to remain in the EU.
A Fife man named the UK’s best champagne retailer says the impact and commercial challenges of Brexit is leaving the company feeling flat.
Somerset-founded architecture practice Invisible Studio is moving its operations outside of the UK as a response to Brexit, Dezeen has learned. / "Brexit has been a catastrophe," Invisible Studio said in comments on the survey. "The barriers are obvious but it it is the cultural loss that is even greater."
Brexit is thought to be a key reason why Britishvolt couldn't attract the private investors it needed.
Brexit drives higher salaries for EU bankers
20/01/2023
The number of EU bankers earning more than €1 million increased significantly in 2021, according to research by the European Banking Authority (EBA). / The regulator said that the hike in salaries was directly linked to relocations of staff from the UK to the EU following Brexit, as well as improved investment banking and trading sales, and a general increase in salaries.