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'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.
'There is no threat to the Erasmus scheme, and we will continue to participate in it.' - Boris Johnson [1 min]
26/12/2020
What did Johnson say about Erasmus in January? / "The hon. Gentleman is talking through the back of his neck. There is no threat to the Erasmus scheme, and we will continue to participate in it. UK students will continue to be able to enjoy the benefits of exchanges ..."
It’s almost 100 days since Britain completed its split from the EU -- almost five years after the referendum vote –- and a clearer picture of the consequences of the decision to leave is starting to emerge.
Dublin has been crowned the most desirable place for City jobs, as 135 firms have relocated business to the Irish capital due to Brexit, new research has revealed.
Both Dublin and Luxembourg continue to be the most popular destinations for office and staff relocations, as well as new European hubs
5 Brexit fights still brewing
28/04/2021
As the EU finally ratifies the Brexit trade deal, attention shifts to some major loose ends.
50 days on: Boris Johnson’s Brexit deal
23/02/2021
Saturday 20 February was the 50th day since Boris Johnson’s Trade and Cooperation Agreement (TCA) came into effect. Anyone expecting it to settle all questions, or even most of the details, of how we will do business with the EU from now on will be mightily disappointed.
With Britain out of the European Union, companies that trade with the continent are contending with expensive disruptions to their businesses and a plunge in exports.
Amsterdam has displaced London as Europe’s biggest share trading centre after Britain left the European Union’s single market, and picked up a chunk of UK derivatives business along the way, according to data published on Thursday.
UK’s departure from the EU prompts shift in dealing of stocks and derivatives.
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.
Equity trading on the Amsterdam stock exchange has for the first time overtaken London. The trading volume in the Dutch capital has quadrupled within one month in January as a result of Brexit.
Amsterdam surpassed London as Europe’s largest share trading centre last month, the Financial Times reported on Wednesday.
Are we getting Brexit done?
05/01/2023
The UK has identified nearly 4,000 EU laws and regulations which we are now “free from”. What have we done with these newfound freedoms?
More than 440 firms in banking and finance have moved or are moving part of their business, staff, assets or legal entities from the UK to the EU, and 48 of them have come to Amsterdam, according to research by British think-tank New Financial.
Are banking jobs moving out of London because of Brexit? An updated report from thinktank New Financial suggests they are: New Financial says 332 financial services firms have already moved jobs out of London because of Brexit, up from 60 last time they looked in March.
Move by UK regulator seen as limiting relocation to EU’s financial centres.
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.
'New York has continued to gain at London’s expense,' following the 2016 Brexit referendum
Banks in Britain are showing signs of restarting preparations for a no-deal Brexit after a lull in the shift of financial services jobs and capital from Britain to the European Union in the past few months, consultants EY said on Wednesday.
Banks may continue to drift away from London if the European Central Bank intensifies its scrutiny of their presence in the bloc, the Bank of England’s deputy governor said.
Barclays Plc expects to increase its headcount in Paris by about two thirds in the next two to three years, as the French capital increasingly becomes the main trading hub in continental Europe for global lenders after Brexit.
EU chief Brexit negotiator scotches hopes of special deal for City of London.