The London-based wall-mounted bike storage manufacturer attracted 50% of its business from the EU pre-Brexit and has been left with a £100,000 hole in revenues. /
'It's an act of solidarity:' Sadiq Khan defends bid to fly EU flag above City Hall on Brexit anniversary day [3 mins]
23/06/2023
Sadiq Khan has defended his blocked attempt to fly the EU flag above his office on the seventh anniversary of the referendum to leave the bloc while speaking to voters on LBC's Speak to Sadiq.
The UK is lagging behind European counterparts in terms of growth because of Brexit, the Director of Tax Research UK tells Nick Ferrari.
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.
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.
Bosses warned they are being prevented from transferring animals such as rhinos and giraffes due to red tape created by the UK’s departure from the EU.
Hermann Hauser says UK chip designer rules could seek secondary listing in London later.
Bank of America's Brexit bill hits $400m
13/02/2019
Bank of America has spent around $400m on preparing for Brexit, which has seen the bank move some operations from London to Dublin and Paris.
Of all the stupid losses Britain faces from Brexit, few can match the departure of well-paid bankers from London.
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.
Investment banks are shifting more rainmakers out of London to financial centres across the European Union, accelerating the pace of moves after the pandemic and uncertainty over Britain’s access to the bloc slowed relocations.
'New York has continued to gain at London’s expense,' following the 2016 Brexit referendum
Banking sector warns of 1930s-style crisis after no-deal Brexit: 'Social and economic catastrophe'
14/01/2019
A no-deal Brexit would be an economic and social “catastrophe”, a senior banking industry leader has warned.
Banks counting the cost of Brexit have moved or plan to move more than £900 billion in assets to the European Union – the equivalent of ten per cent of the entire UK banking system.
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 is planning to hire 200 new traders in Paris in a fresh blow to the Square Mile in the wake of Brexit.
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.
Between Brexit and Covid, London’s food scene has become a dog’s dinner – can it be saved?
19/07/2023
After Lily Allen tweeted that she’s noticed ‘standards have slipped’ in many of London’s restaurants, people began asking themselves whether she was right. Kate Ng speaks to those on the frontline about what’s gone awry in a city once known for its incredible food.