Citigroup is preparing to move up to 900 jobs from London to Dublin as part of its preparations for Britain’s exit from the EU, the Sunday Times reports. “They have been testing the Irish political […]
Banking business from London could shift to the US, rather than another European country, as part of the fallout from the UK’s vote to leave the EU, says John Nelson, chairman of Lloyd’s of London. […]
The rapid fall in the value of the British pound has acted as an “important shock absorber” for the economy after the UK’s vote to withdraw from the EU, said Ben Broadbent, the deputy governor […]
U.K. CPI reached its highest level in almost two years in September, rising to +1% on year from +0.6% in August and topping consensus of 0.9%. The U.K.’s Office of National Statistics says it hasn’t […]
The UK should not be given exceptions to single-market rules in Brexit negotiations, European Central Bank President Mario Draghi says. “It is very hard to imagine that any agreement that will be perceived as discriminatory […]
Downing Street met Wall Street late Monday as Theresa May landed in New York to consult with some of America’s largest firms over how her country should proceed with Brexit. The prime minister held two […]
EU leaders are gathering in Bratislava to seek a unified response to Britain’s decision to leave the bloc amid what the European Commission President has described as an “existential crisis.” The summit meeting will be […]
The British government will not trigger Brexit before the end of the year, Antonia Romeo, UK consul general in New York, said at a SIFMA symposium Thursday. “It is critical that such a process is […]
Germany’s economy and foreign trade will suffer, with growth next year falling by nearly half, as Brexit’s effect begins to be felt, according to a forecast by the DIW institute. Growth in 2017 is projected […]
UK bank executives and insurers have made their case on Brexit in a meeting with Chancellor Philip Hammond, who says he wants the best deal for the industry. “It is important Britain maintains its status […]
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