Hogan Lovells is to open in Dublin joining a procession of international law firms to set up shop there in response to Brexit.
The Seanad Special Select Committee on the Withdrawal of the United Kingdom from the European Union will meet this afternoon to discuss the impact of Brexit on the business sector, and on trade across the island and between Ireland and Britain.
Ashurst is the latest international law firm to establish an office in Dublin due to Brexit, following in the footsteps of, among others, Dentons, Burgess Salmon, DAC Beachcroft, DLA Piper, Pinsent Masons and Fieldfisher.
Pzena Investment Management, a US-based investment company, has revealed it is awaiting approval from Irish regulators to open its first European office in Dublin.
Job gains for Ireland but no clear winner in finance, yet, from Brexit exodus out of London
26/03/2021
Finance firms have announced that about 7,600 jobs will move from the UK to the EU, according to a study by consultancy EY.
The U.K.’s departure from the European Union pushed more than 440 financial firms to move at least some of their operations, staff, assets or legal entities from Britain to the bloc.
First-quarter decline in freight from British ports contrasts with increased trade with EU.
A busy rail freight line that ran cargo directly from Dublin Port to Ballina in Co Mayo for local businesses such as Coca-Cola has been suspended because the port is so clogged up following Brexit.
The UK landbridge that offered traders the fastest route between Ireland and the European continent before Brexit will not re-emerge as a preferred option for moving goods, the head of Dublin Port was quoted as saying on Friday.
The U.K.’s departure from the European Union has gifted the City of London’s European rivals with a once-in-a-generation opportunity to win back some of the business that has gravitated towards the Square Mile over the past few decades.
€200bn moved across Irish Sea since Brexit: Balance sheets of global banks in Dublin swell to record €500bn
19/01/2022
The Irish balance sheets of a range of global banks that run international operations from Dublin has ballooned to more than half a billion euros.
Study finds over £900 billion in bank assets and £100 billion in insurance funds have been moved from the UK to the EU.
Bank of France chief claims ‘50 British entities’ have moved over the Channel, while Dublin, Amsterdam and Frankfurt have also benefited.
Irish Amazon customers to avoid Brexit delivery delays and VAT charges as Dublin warehouse set to open
29/01/2021
Amazon is currently on the verge of taking a 650,000sq ft unit at the Mountpark logistics centre in Baldonnell.
Trade between Dublin Port and the U.K. slumped in the first nine months of the year while business with EU locations surged, continuing a post-Brexit trend.
U.K. sportswear chain JD Sports Fashion Plc said Brexit red tape has severely tested its operations and it’s opening new warehouses in the European Union to avoid the hassles of customs checks.
Stena Line offers new weekend service, Brittany Ferries sailing will operate on Monday.
More than 275 financial firms are moving a combined $1.2 trillion in assets and funds and thousands of staff from Britain to the European Union in readiness for Brexit at a cost of up to $4 billion, a report from a think tank said on Monday.
A previously confidential government study detailing 142 areas of life in Northern Ireland that will be impacted by Brexit has been published, revealing risks to everything from cooperation on congenital heart disease and cross-border child protection to rules preventing the looting of national treasures.
Companies avoiding United Kingdom landbridge, according to Chambers Ireland.
State Street to move ‘substantive portion’ of European GlobalLink staff to Dublin due to Brexit
23/05/2021
US financial giant is making the decision to cater for its European market.
Paris, Frankfurt and Dublin are most successful in luring roles from UK, say consultants
Retailer JD Sports is to open a 65,000 sq ft warehouse near Dublin to tackle post-Brexit trading problems.
"We have been able to reduce our exposure to the adverse consequences of Brexit by opening an 80,000 sqft warehouse in Belgium in Autumn 2020 which is fulfilling a large proportion of our core ranges and fastest moving lines required for stores in Mainland Europe."
Dublin Port reports reduced cargo volumes from Holyhead, Liverpool and Heysham.