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Both Dublin and Luxembourg continue to be the most popular destinations for office and staff relocations, as well as new European hubs
The Chancellor is trying to keep talent in a financial sector that is losing ground to the EU. / Of all the things the government could be doing to improve the economy right now, scrapping the cap on bankers’ bonuses seems like the most brazenly tone-deaf.
A politico-economic union and formal international intergovernmental cooperation of three neighboring states in western Europe: Belgium, the Netherlands, and Luxembourg.
Boris Johnson skips press conference with Luxembourg PM amid loud booing by protesters [1 min]
16/09/2019
Boris Johnson recieved a frosty welcome as he arrived for talks with Luxembourg's prime minister, Xavier Bettel. A large group of protesters outside the gates of the Luxembourg Ministry of State loudly jeered as Johnson shook hands with Bettel, before breaking out into chants of 'tell the truth, stop the coup'.
Boris Johnson ‘chickens’ out of own press conference amid noisy protests, leaving empty podium next to Luxembourg’s PM
16/09/2019
Source says Downing Street thought PM would not be able to be heard properly above protests.
British prime minister takes a pass at the Duchy after being smoked out by protesters.
More than 275 financial firms are moving a combined $1.2 trillion (£925 billion) 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.
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.
Amsterdam was one of the five place in the European Union most successful at luring British financial firms who were looking to establish a new headquarters office or hub because of Brexit.
Swissquote Group Holding SA will likely shift its European retail business from London to Luxembourg following Brexit.
Study finds over £900 billion in bank assets and £100 billion in insurance funds have been moved from the UK to the EU.
Welcome to the website of the community group of British immigrants living in Luxembourg established in July 2016 in response to the Brexit referendum. We aim to be your one-stop shop for news about your citizens’ rights post-Brexit, updates on the negotiations and life in Luxembourg.
Tens of thousands have yet to apply for post-Brexit residence in countries with 30 June cut-off date.
A no-deal Brexit would be catastrophic for UK citizens in the EU. No wonder they spoiled Boris Johnson’s press conference.
Columbia Threadneedle has revealed plans to transfer the assets of European clients currently in its range of UK domiciled funds into the equivalent Sicav products domiciled in Luxembourg.
A new survey shows that since the Brexit referendum, Dublin remains the most popular destination for staff relocations and new European hubs or offices.
MEP says the EU has been patient but needs clarity now.
Europe's press has largely reported Boris Johnson's visit to Luxembourg as a humiliation for the British prime minister – with many outlets focusing on him skipping a press conference because of protesters.
Ireland ranked high on the list of the most preferred investment migration destination in Europe following Brexit
28/05/2021
As revealed in the EY Financial Services Brexit Tracker which monitors public statements made by 222 financial services firms, 36 financial services firms are considering or have confirmed relocating some UK operations and/or staff to Dublin.
British Prime Minister Boris Johnson has skipped a planned news conference with Luxembourg's Prime Minister Xavier Bettel after he met European Commission President Jean-Claude Juncker to discuss Brexit.
Dublin was been chosen as the most desirable place for jobs from London’s financial district, as 135 firms have relocated business to the Irish capital because of Brexit, according to new research.
Wealth managers seeking new bases from which to serve European clients have landed on Luxembourg, with the Grand Duchy seen as a natural successor to London.
Luxembourg Prime Minister Xavier Bettel gives a news conference after meeting British Prime Minister [15 mins]
16/09/2019
(includes Q&A)
More than 3,000 staff have either relocated or had new jobs created in the Grand Duchy due to Brexit, according to Finance for Luxembourg.
One in three UK business owners fear their company won’t exist anymore in a year as Brexit onslaught intensifies
17/01/2022
Nearly one in three fear their company will close before the end of this year, primarily as the long-term effects of Brexit start to bite, according to alarming data shared with City A.M. this morning.