€200bn moved across Irish Sea since Brexit: Balance sheets of global banks in Dublin swell to record €500bn
19/01/2022
The Irish balance sheets of a range of global banks that run international operations from Dublin has ballooned to more than half a billion euros.
The SNP has described increased Brexit-related red tape as an “unmitigated disaster” with Scottish companies among hundreds that have rushed to establish operations in the EU since January 1, taking valuable jobs with them.
‘Inconceivable before Brexit’: Banks again plot job moves out of London as pressure mounts
09/02/2021
The initial phase of Brexit moves was just the beginning, say senior bank executives.
The Daily Express is at it again, this time touting a non-existent Brexit benefit for Britain.
Mairead McGuinness has launched a plan to strengthen EU’s financial system post-Brexit.
The decision by an automotive business to close its site due to uncertainty surrounding Brexit was described as the “the tremor that will lead to the Brexit earthquake” in the Welsh Assembly today.
As Brexit has created tough challenges for UK craft beer producers exporting to Europe, British companies have set up home in the mountains.
Financial firms will shift almost £800bn of assets from the UK to the Continent ahead of Brexit on 29 March, according to new analysis. / City firms have continued to relocate staff and assets away from London to Europe in the face of increasing uncertainty over the UK’s relationship with the EU.
The financial industry has started to trigger its contingency plans as a no-deal Brexit looks increasingly likely with just days to go until Brexit.
City financial firms have so far committed to move at least 7,000 jobs and £1 trillion of assets out of the UK to prepare for Brexit, with the true cost likely to be higher, research has found.
Dozens of companies have cut jobs, beefed up their European operations or issued warnings on the impact of the UK's departure from the EU.
UK teams and riders face new regulations for working in Europe, including carnets, limited stays and possible work visas and permits.
Brexit has led to around 4,000 UK companies setting up shop in the EU-member state of Estonia, mostly by registering for the country’s much-talked about e-residency scheme.
Meanwhile former Cabinet minister George Eustice questioned the negotiating strategy that led to the Australia and New Zealand trade deals.
A Wales-based drugs manufacturer has been forced to move to Ireland because of Brexit, it has been claimed.
Vauxhall carmaker Stellantis warns of ‘significant job losses’ if Brexit deal is not amended
17/05/2023
Stellantis has committed to making electric vehicles in the UK but it is no longer able to meet Brexit trade rules on where parts are sourced.
Stellantis warns UK government that the fledging electric vehicle industry is being jeopardised by a new 10% tariff.
Post-Brexit Britain does not have the money or the political will to respond to challenges from the US and EU.
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.
Oldest P&I outfit will ‘lift and drop’ to Grand Duchy after 166 years as UK mutual insurer.
A British wholesaler who supplies the UK retail market is moving his business to the South of France in order to mitigate Brexit redtape, which he says has cost his business £150,000.
UK steel companies have been operating at a significant disadvantage compared to their European rivals since the beginning of 2022.
Ireland and France among nations bidding for proposed centre with up to 250 jobs.
Some of the brightest scientific minds are leaving the UK, as they lose access to European funding in the wake of Brexit, SkyNews has found.