The ECB has been probing where banks’ resources are based — particularly around trading and risk-management — for more than a year in what it has called a desk-mapping exercise.
Brexit-backing Newark left reeling as its biggest employer up sticks – for mainland Europe
20/04/2022
Robert Jenrick said he was disappointed with the decision, but Goodlife Foods said there was "no viable alternative".
‘We lost about 10% of our revenue, which was clients leaving the UK for Europe’
“The Netherlands is a great place to set up a business. They are ready to help and they sit next to so many key markets," one business owner said.
The music merchandise specialist says the move will help alleviate the significant trade issues created by Brexit.
East Anglia's small businesses adapting to survive and thrive in post-Brexit world [4 mins]
05/04/2022
ITV News Anglia has been catching up with small businesses across the region to find out more about what the end of the UK's membership of the European Union has meant for their fortunes.
Paris, Frankfurt and Dublin are most successful in luring roles from UK, say consultants
A new survey shows that since the Brexit referendum, Dublin remains the most popular destination for staff relocations and new European hubs or offices.
More than 7,000 finance jobs have moved from London to the European Union as a result of Brexit, down 400 from the total anticipated in December, consultants EY said on Tuesday.
Fishing tackle and equipment retailer Angling Direct announced on Wednesday that its new European distribution centre was now fully operational, and shipping to customers across the European Union.
Banks may continue to drift away from London if the European Central Bank intensifies its scrutiny of their presence in the bloc, the Bank of England’s deputy governor said.
Thermal Management Solutions will shift production from Reading to the Continent a year after being recapitalised by new investors, Sky News learns.
Scientific collaboration has become a casualty of Switzerland’s and the United Kingdom’s tussles with the European Union.
The Dutch foreign investment agency NFIA was involved last year in helping 423 foreign companies either set up in business in the Netherlands or expand their current operations, the agency said on Thursday.
Hundreds of jobs will be lost in Newcastle as Nestlé’s profitable sweets and chocolate factory is set to close and production move to the EU.
Loss of 475 jobs expected near Newcastle as production of familiar brands moves abroad.
€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.
Ireland moves up global, EU rankings as banks relocate post Brexit.
The Irish balance sheets of large systemically important banks with international operations run from Ireland have grown by as much as €200bn since the UK voted to leave the EU six years ago, a study has found.
UK steel companies have been operating at a significant disadvantage compared to their European rivals since the beginning of 2022.
The French capital has gained one year on from Brexit, but cities such as Dublin, Amsterdam and Frankfurt have also emerged as winners.
In the months after Boris Johnson signed his post-Brexit trade deal with the European Union, the coronavirus masked the economic damage of leaving the bloc. As the pandemic drags on, the cost is becoming clearer -- and voters are noticing.
Dublin is expected to attract more financial services companies that are relocating from the UK because of Brexit.
Tracker from EY finds 44% of big UK financial services players are moving staff to bloc or considering it.
The difficulties of relocating staff during a pandemic has postponed some finance jobs from moving out of London and into the European Union, according to EY.