Lockdowns a blessing in disguise for the City and Canary Wharf: Strict travel restrictions slowed Brexit exodus of bankers December 23, 2021 Three lockdowns in England made relocations for bankers in the City and Canary Wharf impossible, thereby significantly slowing an exodus of finance professionals post-Brexit. Closed borders and harsh travel restrictions imposed on the general public earlier this year led to banks postponing the relocation of some of its professionals, according to professional services firm EY. [...]
Reeled in: EU council approves post-Brexit deal on shared fishing stocks December 22, 2021 The European Council has backed a deal between the EU and UK on their shared fishing stocks, after months of wrangling between both parties.
Frost could not support Plan B restrictions, he says after quitting as Brexit minister December 20, 2021 Lord Frost could not support the government’s Plan B policy, he said today, after quitting as Brexit minister over the weekend. “I left the government, as I think is well known, because I couldn’t support certain policies, most recently on Covid restrictions and ‘plan B’,” said Frost. “I don’t support coercive policies on Covid. The [...]
EU commissioner warns against replacing Frost with Brexit hardliner December 19, 2021 An EU commissioner has warned Boris Johnson against letting Conservative party in fighting determine his pick for the next Brexit negotiator.
Britain drops bid to reduce role of EU judges in Northern Ireland Protocol December 17, 2021 Britain has caved in to Brussels over the legal role of European judges in Northern Ireland as it pushes the EU to reform the country's protocol.
IntegraFin shares run red on looming post-Brexit regulations despite record inflows December 16, 2021 Investment platform IntegraFin posted record inflows of £7.7bn today, however, shares fell into the red after its boss warned of looming Brexit regulations. Profit after tax jumped 12 per cent to more than £51m in the year to September 30, while funds under direction swelled nearly a third to £52.1bn. But shares tumbled more than [...]
No more reason to wine: Government cuts Brexit red tape on wine imports December 16, 2021 The government has today confirmed it will cut the Brexit red tape that costs wine importers coming into the UK some £130m a year. The new legislation will come into effect at the beginning of next year and will ease trading between the UK and the European Union – which accounts for half of the [...]
Post-Brexit vote of confidence: Europe’s largest chain of orthodontic clinics opens first branch in London in UK push November 30, 2021 Impress, Europe’s largest chains of orthodontic clinics, confirmed this morning it will open a clinic in London tomorrow, which will be part of ambitious plans to expand its operations into the UK. The company plans to open clinics in Leeds, Liverpool and Leeds in the next few months. Located at 54 Brushfield Street in Spitalfields, the new [...]
Supply chain crisis leaves Brits worse off than Americans and Europeans with many prepared to ‘punish’ retailers November 27, 2021 As the Office for Budget Responsibility recently reported that the UK’s supply chain bottlenecks have been exacerbated by Brexit, new data shows this morning that Brits report far worse delivery experiences than consumers in France, Germany, and the US. While the crisis is being presented as ‘global’, UK online consumers report disproportionate affects, with nearly two fifths [...]
Brexit has made our life more difficult, say two thirds of all small businesses across Britain November 27, 2021 Around half of UK SMEs believe that Brexit has had a negative impact on the UK’s society as a whole awhile 64 per cent believe that it has negatively influenced the UK economy. Moreover, one in four said Brexit has affected their business directly, according to new data shared with City A.M. this weekend. Cloud [...]