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Brexit

The pound’s longer, sharper Brexit shock

The pound’s longer, sharper Brexit shock
By: John Authers Sterling’s sharp sell-off represents a challenge by forex markets to the UK government The result of June’s EU referendum was a shock for the foreign exchange markets — one of the biggest ever. It is now  clear that the...

UK faces Brexit divorce bill of up to €20bn

UK faces Brexit divorce bill of up to €20bn
By: Alex Barker in Brussels and George Parker in London Unpaid budget appropriations, pension liabilities and other commitments make up total Britain is facing a divorce bill from the EU for as much as €20bn, according to a Financial ...

Brexit set to push VTB’s Europe hub out of London

Brexit set to push VTB’s Europe hub out of London
By: Martin Arnold Russian state-controlled bank considering alternative locations including Frankfurt, Paris or Vienna Russia’s VTB Bank has become the first big lender to say publicly it will move its investment banking headquarters out of ...

Bankers warn Brexit could force jobs out of London

Bankers warn Brexit could force jobs out of London
By Jill Treanor Bank of England policymaker says loss of high-paid City jobs could knock hole in Britain’s budget Top bankers have warned that Brexit could force their industry to shift jobs out the City, as a senior policymaker at the Bank of ...

Hard Brexit could cost the UK £10bn in lost taxes

Hard Brexit could cost the UK £10bn in lost taxes
By Zlata Rodionova  UK banks fear they may lose passporting, or the ability to do business with the whole of the EU in the event of a ‘hard Brexit’ A so called “hard Brexit” deal, which would see the UK drifting away from cooperation ...

Who's behind the blog

Who's behind the blog

SOCIAL MEDIA