'Appalling timing’, recruitment difficulties, ‘no positives’… Jersey's main industries give their verdicts on Brexit 06/02/2023
Hospitality, retail and farming leaders all highlighted that Brexit had delivered more challenges than opportunities for the Island. They said it had created ‘more red tape’ and meant fewer European employees staying to work in Jersey.
Private equity veteran Guy Hands says Boris Johnson ‘threw the country and the NHS under the bus’.
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.
Trade Consultation: Give Your Evidence - UK Trade and Business Commission [Deadline: 17/03/2023] 23/01/2023
The UK Trade and Business Commission is gathering evidence to understand the main challenges facing businesses, organisations and economic sectors to establish which policies and trading arrangements will help overcome the economic and trading barriers facing the UK today.
The UK and European Union are poised to enter the final stretch of negotiations over post-Brexit trading arrangements for Northern Ireland. After years of distrust and tension both sides are optimistic that a settlement is within reach.
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.
In our series looking at life after Brexit, James Moore asks whether London’s financial centre can weather the economic storm.
Specialist expat financial planner Blevins Franks is reporting that it is seeing a large increase in the number of UK IFAs enquiring about a move to Europe, spurred by passporting barriers post-Brexit.
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.
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.
Battle focuses on what EU sees as bloc’s over-reliance on London’s clearing houses handling euro-denominated derivatives.
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is today publishing its Peer Review Report on National Competent Authorities’ (NCAs) handling of firms’ relocation to the European Union (EU) in the context of the UK’s withdrawal from the EU.
This is the latest move in an ongoing battle from EU regulators to ensure more financial services business moves back to the bloc after the UK's split with the EU.
Stock market listings outside of London are the 'new normal', Stephane Boujnah said, citing Ryanair favouring Dublin trading over London
The European Union published three draft laws today to lift economic growth by deepening its capital market through less reliance on post-Brexit London, cutting red tape on company listings and streamlining insolvency rules.
The boss of Europe’s largest exchange group took a swipe at the UK capital, saying Brexit means it is no longer Europe’s dominant financial center.
The European Union published three draft laws on Wednesday to lift economic growth by deepening its capital market through less reliance on post-Brexit London, cutting red tape on company listings and streamlining insolvency rules.
Goldman Sachs Group Inc. is shifting some of its euro swaps trading desk to Milan from London, the latest example of roles moving to the continent after 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.
Financial News rounds up our coverage of how the City has been impacted since the landmark Brexit vote.
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.