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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.
A Sheffield supplements firm has spent £500,000 on a new base in the Netherlands to ensure it remains profitable ‘despite the challenges of Brexit’.
Wholesaler Gardners is opening a separate sister company in France to mitigate the "frustrations, paperwork, and additional costs" for European customers since the beginning of 2021 due to the changes introduced by Brexit.
British companies are moving their European bases to Belgium to manage the challenges posed by Brexit and are now trading with the EU from there.
This tale of two cities is less about a booming Brexit Britain and more about a government that continues to favour oil and gas firms even as Boris Johnson says the planet is at “one minute to midnight”.
Rule changes and high costs have been cited for the move, leaving the Irish airline listed solely on the Euronext Dublin exchange.
"The equine business is being killed by Brexit,” Olympic gold medal-winning rider Nick Skelton told me last week. “It’s been catastrophic as far as the movement of horses to and from Europe is concerned.”
Up to £9.5bn-worth of UK exports to the EU between January and July have had tariffs placed on them despite “tariff-free” trade deal, analysis for Channel 4’s Dispatches shows.
Oldest P&I outfit will ‘lift and drop’ to Grand Duchy after 166 years as UK mutual insurer.
Brexit has resulted in Wallonia receiving almost €358 million in investments, while 539 jobs have been created in the region since the UK’s withdrawal from the European Union.
Around 4,000 companies have set up shop in member state since UK left EU, prime minister says.
The former Soviet satellite state is welcoming British companies looking to escape the tangle of regulations and financial obstacles of doing business in Europe.
Britain must work with other countries to prevent friction on medicine rules post-Brexit to avoid being sidelined by the global drug industry, according to a report from the U.K.’s biggest pharmaceutical lobby group.
According to figures released by Flanders Investment and Trade 81 companies have invested in Flanders rather than in the UK since the United Kingdom left the European Union. Above all companies involved in transport and logistics, sales and marketing, telecommunications and electronics and chemicals have been opting to make investments here rather than in the UK.
Across the world, there is incomprehension at what we have done to ourselves.
Around half of senior finance executives polled by Big Four accountancy firm EY expected Brexit to drive more jobs out of London, despite Prime Minister Boris Johnson’s claims that London’s financial district (known as the ‘City’) remains an attractive destination for bankers to continue doing business.
Around half of senior finance executives polled by Big Four accountancy EY expected Brexit to drive more jobs out of London, despite prime minister Boris Johnson’s claims that the City remains an attractive destination for bankers to continue doing business.
UniCredit SpA is planning to move most of its London-based trading staff to Milan as Chief Executive Officer Andrea Orcel looks to accelerate plans by the bank to shift more people to the continent after Brexit.
Intel is cutting the UK out of its European expansion plans based on the nation's decision to leave the EU, the world's biggest political and trading bloc.
Only the EU member states are being considered to host a new European facility, says CEO Pat Gelsinger.
Intel says Brexit means it is no longer considering the UK as the site to build a major new chip factory as part of its $95bn (£70bn) global expansion plans.
The boss of Intel says the US chipmaker is no longer considering building a factory in the UK because of Brexit.
“Now that Brexit is finalized, financial institutions have warned us that they intend to pursue their staff-relocation plans to Paris.”
Citing Brexit, the chairman of Pentland Group has relocated overseas according to The Times, who first reported the news.
Around 4,000 British companies have taken up virtual residence in Estonia post-Brexit, Prime Minister Kaja Kallas (Reform) told the website of free London business paper City A.M., adding that Estonia has as a result benefited hugely from the United Kingdom's departure from the European Union.