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.
Brexiteers promised to “take back control.” But the decision has instead delivered recession, gloom, and despair.
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.
Paris will soon replace London as the art capital of Europe, warns art fair founder.
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.
A former Bank of England policymaker suggested there may not be a need for an austerity budget had it not been for Brexit.
Britain’s economy is forecast to shrink by 0.4% in 2023, more than any other in the Group of Seven richest nations, according to the Organization for Economic Cooperation and Development (OECD). Britain is the only G-7 member whose economy has yet to return to pre-pandemic levels.
Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit. / More than six years after voting to leave the European Union, the UK is facing a prolonged recession and a deep cost-of-living crisis. Last week’s Autumn Statement heralded years of higher taxes and cuts to public spending.
Brexit is hurting the UK economy, Bank of England officials said Wednesday, even as government leaders downplay the impact of the seismic EU withdrawal.
"Around half of the fiscal hole, and the political instability that comes with that, is down to Brexit," John Springford of the Centre for European Reform.
Meanwhile former Cabinet minister George Eustice questioned the negotiating strategy that led to the Australia and New Zealand trade deals.
Brexit has "permanently damaged" the UK economy, former Bank of England policymaker Michael Saunders warned as London was deposed as Europe's biggest stock market.
An index compiled by Bloomberg showed combined market capitalisation of primary listings in Paris overtook London in US dollar terms.
LONDON has lost its crown as Europe’s largest stock market to Paris, with France closing a trillion-dollar market gap since the 2016 Brexit vote.
The French capital will become a focus for the bank as it tries to recruit dozens of fresh staff.
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.
Eurostar has announced it will scrap London to Disneyland direct services from next summer due to the impact of Brexit and Covid.
Travel agents say the UK's withdrawal from the EU "has taken away the seamless and frictionless travel" that Britons previously enjoyed.
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.
A Stirling Prize-winning architect has opened a new studio in Berlin to make it easier to bid for jobs on the continent and hire EU-based staff.
The French capital has gained one year on from Brexit, but cities such as Dublin, Amsterdam and Frankfurt have also emerged as winners.
The boss of the UK’s largest bank has warned banks and their clients will have to swallow higher costs if Brexit fragments the European financial market.
The new head of its European trading hub in Paris will expand the operation after Brexit. / Citigroup is expanding its trading hub in Paris, the latest sign of US investment banks stepping up their presence in the French capital after Brexit.