A whole host of issues arising from the UK's departure from EU are still unsolved after the latest Budget, City commentators note. / Issues ranging from the future of the government's rulebook and the banker bonus cap to London's status as a listings venue and a regulatory deal with the EU were not referenced in Hunt's 15 May speech, City leaders have noted.
Writing exclusively for FN's sister title Private Equity News, the hedge fund veteran says leaving the EU has eroded the power of the City.
Brexiteers promised to “take back control.” But the decision has instead delivered recession, gloom, and despair.
London Zoo among names to sign petition calling on action from Rishi Sunak. / Breeding schemes for endangered animals such as rhinos and monkeys are being harmed by Brexit red tape - zoos have warned.
Bosses warned they are being prevented from transferring animals such as rhinos and giraffes due to red tape created by the UK’s departure from the EU.
Organised crime gangs are preparing to exploit the eight freeports that are being opened across England as part of the Government’s ‘levelling up’ strategy, experts have warned.
A town hall will need to stump up an extra £38m for its new wave of council homes due to soaring costs.
Regret takes hold in Brexit bastion 27/01/2023
Grays, a town near London, voted overwhelmingly in favour of Brexit. But three years after severing ties with the EU, some are feeling remorse as the country lurches from one crisis to another.
Europe’s top securities watchdog wants London-based hedge funds and asset managers to prove they have built up a presence in the European Union after Brexit.
Londependence is the political party that stands up for London and all its people. We campaign for an autonomous, diverse and livable London.
The year is 2016. Tedious conversations on the impending Brexit vote dominate dinner parties across the capital. / Tom Foster, leader of the Londonpendence Party, wasn’t bored of those chats. He was angry.
Hundreds of seats left empty on London-Paris Eurostar trains due to Brexit passport checks 24/01/2023
ondon trains leave Amsterdam at least 78% empty because of constraints on UK border checks. / Thousands of seats are deliberately going unsold on Eurostar trains every day as the cross-Channel train operator struggles with post-Brexit passport controls.
The London-based wall-mounted bike storage manufacturer attracted 50% of its business from the EU pre-Brexit and has been left with a £100,000 hole in revenues. /
Paris will soon replace London as the art capital of Europe, warns art fair founder.
In this video, our Council member, financial expert Graham Bishop, reviews the prospects for the City of London after Brexit. / He argues that the British government’s “Edinburgh reforms”, designed to help the City, are little more than pro-Brexit propaganda. They will usually make little difference and in some cases risk repeating the mistakes which led to the financial crisis of 2007-2009.
Mayor to use set-piece Mansion House speech to call for reformed relationship with Europe. / L ondon should be able to set its own immigration rules to ensure there are enough skilled workers to run essential services, according to Sadiq Khan.
A number of factors, including leaving the EU, are playing a part even as overall net migration to the UK - much of it to London - has hit a record high.
In our series looking at life after Brexit, James Moore asks whether London’s financial centre can weather the economic storm.
Brexit was always going to be a recipe for the long-term decline of London as a financial centre Any ideas that suggested otherwise were ludicrous.
UK defends new post-Brexit finance reforms 09/12/2022
Britain on Friday launched a post-Brexit plan to relax curbs on its powerhouse City sector introduced after the 2008 financial crisis, denying the reforms will bring about new instability.
‘Difficult to find staff’: Brexit and rising bills put paid to much-loved Greek deli in London Fields 09/12/2022
The Isle of Olive deli on Ada Street sadly shut its doors forever last month after 11 years. / However, Brexit had a huge affect on the business. “Brexit meant that for every invoice issued to us by a producer, there was a customs fee to be paid to agents in Greece and then another fee to the agent in the UK for the import declarations,” Gregoris explained.
THE Tories are risking a repeat of “the catastrophe of the financial crash in 2008” by cutting back on the safeguards placed on banking in its wake, the SNP have warned.
Chancellor Jeremy Hunt has been accused of encouraging a “race to the bottom” after he unveiled ‘big bang’ plans to slash City red tape.
Britain is easing banking rules brought in after the 2008 global financial crisis in a bid to attract investment and secure London’s status as Europe’s leading finance center.