London lawyers expect boom in legal disputes on the back of Brexit and Covid-19 April 11, 2022 London litigators are readying themselves for a new wave of litigation lawsuits on the back of Brexit and Covid-19. In a survey carried out by the London Solicitors Litigation Association (LSLA), 84 per cent of lawyers polled said they expect a surge in the number of Covid related contractual disputes. Another 70 per cent of [...]
Brexit spurs rise in overseas talent sponsoring among City firms April 4, 2022 Brexit has spurred a rise in City firms sponsoring overseas recruits, with around 200 workers based outside of the UK being hired per week. It comes amid a labour shortage on British soil, which has seen City law firms battle it out for the highest pay. Visa sponsorships by UK-based financial services firms have been [...]
Post-Brexit City exodus fails to materialise as London drives recruitment bounce March 29, 2022 The mass exodus of workers from the City to the Continent after Brexit has failed to materialise, blowing gloomy forecasts about London’s place in the global finance community out of the water, reveals a fresh study published today. Finance firms based in the Square Mile have slashed the number of staff they were intending on [...]
Boris Johnson makes U-turn as PM ‘totally agrees’ Brexit and Ukrainian war are not the same March 25, 2022 Prime Minister Boris Johnson has said he “totally agrees” that Brexit and the Ukrainian resistance to the Russian invasion are not the same. The Prime Minister has come under criticism for comments where he appeared to compare the UK voting to leave the EU, and the Ukrainian fight against Russia. Speaking at the Conservative Party [...]
Senior US politician: Post-Brexit trade deal ‘desirable’, but not if it ‘jeopardises’ Good Friday Agreement March 24, 2022 One of the most powerful American politicians has dismissed any post-Brexit trade deal that risks peace in Northern Ireland. The chair of the ways and means committee, Congressman Richard Neal, said the United States “will not entertain” any proposal that undermines the Good Friday Agreement. Speaking to The Guardian, the 73-year-old Democrat who heads the [...]
Former MEP does a Gina Miller as he takes govt to Supreme Court over Brexit deal: ‘This is worse than remaining’ March 24, 2022 A former MEP is taking the government to the Supreme Court as he argues that Boris Johnson’s Brexit deal with the EU is ‘worse than remaining’. Ben Habib, who is also the chairman of an organisation called Brexit Watch, thinks the Northern Ireland protocol was the wrong model to go for. In fact, he said [...]
Brexit costs: Brits face €18 fee on UK-EU bank transfers and €5 per ATM withdrawal in Europe March 23, 2022 The French bank Crédit Agricole has introduced a €5 charge for withdrawals made with UK-issued credit and debit cards. In addition, the bank recently started to imposed a new €18 flat fee on any bank transfers coming from Britain. More European banks are expected to introduce similar fees, according to various European media, including magazine [...]
‘Only in Brexit la la land Boris Johnson is seen as Putin’s leading opposition’ says Finnish prime minister March 22, 2022 Alexander Stubb, a former prime minister of Finland, has ridiculed the idea that Boris Johnson is one of Vladimir Putin’s fiercest opponents. The former Scandinavian leader was rubbishing claims by the prime minister that he is leading the opposition figure to the Russian president, dismissing the idea as “utter rubbish” and an “illusion.” Stubb, whose [...]
Government accused of wasting £120m on ‘festival of Brexit’ as MPs call event ‘recipe for failure’ March 16, 2022 MPs are saying the Government is wasting tens of millions of pounds of taxpayers’ money on a so-called “festival of Brexit” without any clear idea of what it is meant to be. The Unboxed: Creativity in the UK event – due to take place later this year – is supposed to showcase the best of [...]
Retail and construction insolvencies soar against backdrop of supply chain pressures and war in Ukraine March 15, 2022 Soaring material costs have led to a steep rise in insolvencies in the retail and construction industries of almost 50 per cent. The war in Ukraine and its impact on rising fuel prices, brought concerns over supply chains pressures into sharp focus this week, new research from tax and audit specialists Mazars has shown. During [...]