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Brexit

  • No-deal Brexit can’t be ruled out but not in UK’s interest, says French minister

    June 19, 2020

    A senior French official said that she could not rule out the UK’s post-Brexit trade talks with the EU ending without a deal, but said it would be in Britain’s interest to reach an agreement.  “I am not ruling out anything,” junior european affairs minister Amelie de Montchalin said, when asked if she could rule [...]

  • Boris Johnson tells Emmanuel Macron that Brexit talks cannot stretch into autumn

    June 18, 2020

    Boris Johnson has told French president Emmanuel Macron that it makes no sense to extend post-Brexit trade talks into the autumn. The two leaders met today in Downing Street to mark the 80th anniversary of French president Charles de Gaulle’s wartime BBC broadcast to Nazi-occupied France. After the commemoration, which included a flypast by the [...]

  • The City View: Jack Inglis on the evolution of the hedge fund

    June 16, 2020

    In this episode Christian is joined by Jack Inglis, CEO of the Alternative Investment Management Association which represents funds from 60 countries with more than $2 trillion under management between them. Jack talks about how hedge funds have responded to the market volatility and economic disruption of recent months, and offers a robust defence of [...]

  • City welcomes move to ease post-Brexit border controls

    June 12, 2020

    Business groups have reacted favourably to the government’s decision to u-turn on imposing full border checks on all EU goods entering the UK after the Brexit transition period ends. Border controls will now be introduced over three stages up until July 2021, with Cabinet Office minister Michael Gove has accepting that businesses should not have [...]

  • Britain ‘formally confirms’ it will not extend Brexit transition period

    June 12, 2020

    Britain has “formally confirmed” to the EU that it will not extend the Brexit transition period beyond the end of this year. Making the announcement this morning, Cabinet Office minister Michael Gove said “the moment for extension has now passed,” following a video meeting of the EU Joint Committee. The announcement follows a call for [...]

  • Brexit trade talks: UK ‘U-turns’ on full border checks for EU goods

    June 12, 2020

    The UK government has reportedly U-turned on its plan to implement full border checks with the EU from 1 January 2021 after Brexit. Ministers are under increasing pressure from businesses not to deliver a no-deal Brexit as the UK’s recovery from coronavirus looks likely to be a slow one. So far Boris Johnson’s government has [...]

  • EU must boost capital markets due to coronavirus and Brexit, say finance chiefs

    June 10, 2020

    The European Union needs to deregulate its capital markets to help the economy recover from coronavirus and reduce its reliance on the City of London, according to a panel of industry executives.  With huge amounts of debt being sold to counter the economic hit caused by Covid-19 and the bloc set to lose its major [...]

  • BoE’s Andrew Bailey tells UK banks to up preparations for no-deal Brexit

    June 3, 2020

    Bank of England governor Andrew Bailey has reportedly told UK banks to ramp up their preparations for a no-deal Brexit as the UK sticks to its target to strike a deal before the end of the year. Bailey told British lenders to accelerate their planning for a no-deal Brexit scenario in a call yesterday, according [...]

  • Boris Johnson targets Brexit trade talks with von der Leyen to agree summer deal

    June 2, 2020

    Prime Minister Boris Johnson is planning to hold Brexit trade talks with European Commission President Ursula von der Leyen in June, it is reported, with hopes of securing a deal before autumn, it is reported. “We need a broad agreement in place by the summer,” an unnamed UK official was quoted as saying by the [...]

  • EU ‘willing to ease’ fishing demands in Brexit talks

    May 26, 2020

    The EU is said to be willing to ease its stance on fisheries in talks with the UK next week in what would mark a significant breakthrough in post-Brexit trade negotiations. Fishing has proved a major stumbling block in Brexit talks, with the UK pushing back against Brussels’ demands for access to British waters to [...]

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