The economic future of Brexit Britain has defied doomsday Remainer warnings yet again, as some 1,000 financial firms in the European Union are planning to open up offices in the UK and London has been declared as the top city
German banking giant Deutsche Bank is calling for a “privilege tax” to be imposed on people who work from home, to erase their savings from not having to commute or pay for food on their lunch breaks.
During a “reparations rebellion” protest in London, Extinction Rebellion and BLM climate change activists demanded that financial institutions pay reparations for their role in the slave trade.
Boris Johnson has told Angela Merkel that he is prepared to take the UK out of the EU’s institutions on January 1st without a deal. Meanwhile, Michel Barnier has hinted that the EU is ready to grant the City of London access to European markets after the transition period.
The European Commission has drawn up a list of 40 different types of financial services it could threaten to block from the EU’s market if the UK diverges from Brussels’ regulations after Brexit. The Queen gave Royal Assent to the
Brussels is reportedly planning on threatening to block the City of London, the nation’s finance capital, from European markets unless the UK agrees to remain aligned to EU regulations post-Brexit.
Brexit Party leader Nigel Farage has said that if the European Union tries to force the City of London into regulatory alignment for financial services, the British can take the recent example of the Swiss, “undercut” the bloc, and, within a year, Paris and Frankfurt would be closed down.
Conservative member of parliament and junior minister Mark Field was suspended from office pending investigation Friday morning after footage emerged of him grabbing a woman around the neck to restrain her as protestors stormed a VIP event.
Climate protesters have glued themselves to the walls of the London Stock Exchange in the latest protest by the ‘Extinction Rebellion’ group.
Theresa May has reportedly struck a deal giving the UK’s financial services firms continued access to European Union (EU) markets after Brexit, by agreeing to mirror the bloc’s regulations.
Theresa May’s government is set to make it easier for European Union (EU) firms to access UK financial markets than it will be for UK firms to access European markets, experts say.
British banks are prepared for Brexit and European banks have failed to prepare adequately, the head of the Financial Conduct authority has said in comments reported by Britain’s Times newspaper. European regulators are playing rough with British banks to scare businesses
Goldman Sachs CEO Lloyd Blankfein admitted — despite previously strong anti-Brexit remarks — that he’d been wrong about the impact of Brexit, and was surprised at how little economic impact the vote had caused so far.
Much-revised ‘Project Fear’ predictions of an economic collapse following the Brexit vote look set to be pushed even further into the future, as Britain’s multi-billion pound aerospace industry breaks new records and studies show London is on course to continue outpacing rival financial centres Frankfurt and Paris.
LONDON (AFP) – The outlook for London’s financial sector has improved since Brexit was triggered, insists the man charged with its policy, even as banks remain set to move some jobs abroad. Mark Boleat, who spoke on Thursday to AFP after British
LONDON (Reuters) – Financial institutions based in Britain will lose so-called passporting rights allowing them to operate across the European Union unless post-Brexit Britain is at least part of the European Economic Area, ECB policymaker Jens Weidmann has said. “Passporting
A City of London boss has slammed the campaign to remain within the European Union (EU) as “Orwellian,” spinning “Alice in Wonderland propaganda.” He has called on Britons to vote to leave, arguing we have a “duty to protect ourselves” against
From the Financial Times: Those campaigning for Britain to leave the EU are not bigoted little Englanders. The accusations made by the Remain camp about commerce and inward-looking Brexit campaigners are questionable. Too often, their arguments are based on financial
Leaving the European Union (EU) could be a cause for “celebration” in the City of London as business will be free from the shackles of Brussels regulations, a leading businessman has said. Businessman and financial pundit David Buik said that
The vitality and success of the City of London is not because of Britain’s European Union (EU) membership, but in spite of it. As the EU referendum date draws closer, passionate arguments on both sides will soon be overtaken by
The City of London Corporation has boosted its presence in Brussels with the appointment of former U.K. Minister of State for Foreign Affairs Jeremy Browne, a Liberal Democrat. His title from September 1 will be “Special Representative for the City.”
