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Brexit-related activity within the UK financial services market was muted over 2021.
New York has increased its market share in trading euro interest rate swaps at London’s expense, data group OSTTRA said on Thursday, in the latest sign of how global financial markets are being permanently fragmented by Brexit.
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.
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.
Securities settlement for Irish assets worth more than 100 billion euros ($119 billion) has left London for the European Union in the latest adjustment in markets to Brexit.
France warned that the U.K. is in breach of the Brexit deal after it denied several small European Union fishing boats access to its territorial waters, ratcheting up diplomatic tensions between the two countries.
'The final Brexit deal was effectively a no-deal Brexit for finance... this was a major mistake,' said Sadiq Khan.
The French capital has gained one year on from Brexit, but cities such as Dublin, Amsterdam and Frankfurt have also emerged as winners.
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.
Talks to give U.K. financial services firms access to the European Union’s single market after Brexit have been put on hold, according to a government minister.
Measuring the Cost Brexit Six Months On
09/06/2021
The end of the transition period was merely a staging post within a process that will be long with us, says Chris Grey.
Warning that crisis will ‘get worse as businesses see that there is not much going on in UK-EU negotiations’.
In early 2021, a Brexit deal lacking in provisions for financial services sparked a City-wide scramble to navigate the repercussions of the split. A year later, regulatory experts have bad news — there’s worse to come.
Now that hiring has made a comeback in London banking circles, some recruiters are complaining of a new phenomenon: too little talent.
Dublin is expected to attract more financial services companies that are relocating from the UK because of Brexit.
There will be no access to the European Union for Britain's derivatives clearing houses after June 2025, the bloc's financial services chief Mairead McGuinness said on Friday.
Brexit is hurting the UK economy, Bank of England officials said Wednesday, even as government leaders downplay the impact of the seismic EU withdrawal.
THE UK's decision to break away from the EU cost service exports more than £110 billion over a four-year period, new research has shown.
Irish and Dutch watchdogs have indicated they will more closely police the practice
Amsterdam ended 2021 as Europe's top share trading venue, holding its lead over London despite efforts by the British financial centre to make its equity markets more attractive after Brexit.
Sadiq Khan has called for the government to provide greater clarity for the City of London post-Brexit, with the mayor telling Rishi Sunak to “address the concerns of London’s financial and professional services sector”.
The number of Japanese firms in the UK fell by 12 percent between 2014 and 2019. / Brexit drove a shift in Japanese firms out of the U.K. and toward continental Europe, a report shows.
State’s 2016-2019 services exports £126bn higher than projections based on prior trends