Wealthy City bankers ‘ditched the UK for the EU ahead of Brexit,’ survey finds August 18, 2021 Almost a hundred highly paid bankers left the UK ahead of its formal exit from the EU, the bloc’s banking watchdog said today, in a sign of how Brexit has impacted the Square Mile. The European Banking Authority (EBA) said in its annual survey of bankers earning more than €1m (£850,000) that the UK’s total [...]
Post-Brexit trade: Irish exports to Britain jump by 70 per cent August 17, 2021 Irish goods exports to Great Britain increased by nearly 70 per cent in the last year, according to new figures published in Ireland today. The figures, released by the Irish Central Statistics Office, also show that goods imports from Great Britain to Ireland dropped by 32 per cent in the first half of 2021 – [...]
Firefighter wins claim against Fire Brigades Union after suspension for pro-Brexit speech August 5, 2021 A firefighter who sued the Fire Brigades Union (FBU) for unfair dismissal over a pro-Brexit speech has announced he has won his claim. Former FBU executive council member Paul Embery was suspended from his post for giving a speech at a Leave Means Leave rally in March 2019 in London. Embery, now a columnist at [...]
Brexit and Covid impact: More than 90,000 EU workers to have left UK hospitality jobs August 5, 2021 More than 90,000 EU workers left the UK’s hospitality sector in the last year, new figures have revealed. Fresh research from jobs site Caterer.com found that three out of five hospitality employers are now receiving record numbers of applications from UK workers. London was identified as acutely affected by the exodus with the research estimating [...]
Truss: UK has made ‘great progress’ in New Zealand free trade deal negotiations July 31, 2021 International trade secretary Liz Truss said the UK and New Zealand were “closing in” on a new free trade deal after the latest round of talks between the two countries concluded. Truss met with her Antipodean counterpart Damien O’Connor for a series of trade talks between 19 and 30 July, for a new free trade [...]
Wine lovers to save £130m as Brexit red tape cut July 26, 2021 Ministers are set to give British wine-lovers something to celebrate with red tape adding £130m to the naion’s booze bill set to be scrapped. VI-1 certificates, a post-Brexit document importers were set to be required to fill in when shipping to the UK, will no longer be launched. Food and Drink Minister Victoria Prentis said, [...]
Raab tells EU to ‘think again’ over Gibraltar negotiation plans July 20, 2021 The government has tonight rejected the EU’s plan for negotiations with the UK over the future of Gibraltar, saying that it would undermine the British sovereignty over the territory. Earlier today the bloc published its draft mandate for the upcoming negotiations, which it said “aims to have a positive impact for those living and working [...]
Nigel Farage will host own prime time show on GB News July 17, 2021 The Reform UK party leader has announced he will host a weekday evening show called “Farage” on GB News starting on 19 July, and said he “will not be taking the knee” on the show. “Watch my new Prime Time evening show on GB News from next week. Tune into “Farage” Mon – Thurs at [...]
Goldman Sachs boss champions post-Brexit London and expects 70 per cent of staff back in office July 16, 2021 Goldman Sachs boss Richard Gnodde said the company was as committed to its London head office as ever, buoyed by his belief that the UK capital will remain dominant as a world-leading financial centre post-Brexit. “For us we’ve been very clear, the centre of gravity for our workforce is our buildings, and in London it [...]
UK says Brexit divorce bill is £37.3bn, more than £3bn lower than EU’s figure July 15, 2021 The Treasury today gave an estimate of the UK’s Brexit divorce bill that is £3bn lower than the European Union’s latest figure. Chief Secretary to the Treasury Steve Barclay updated MPs on Thursday to say that the current value of the financial settlement is £37.3bn. This is significantly lower than the updated figure of 47.5bn [...]