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Brexit

UK companies will face huge new VAT burden after Brexit

UK companies will face huge new VAT burden after Brexit
By Toby Helm and Phillip InmanControversial changes in bill would force importers to pay duty upfront on EU goodsMore than 130,000 UK firms will be forced to pay VAT upfront for the first time on all goods imported from the European Union after Brexit, ...

Citi's private bank to set up Luxembourg unit to cope with Brexit

Citi's private bank to set up Luxembourg unit to cope with Brexit
By REUTERS         LONDON (Reuters) – Citigroup <C.N> said its private bank is to set up a booking centre in Luxembourg to ensure it can continue to serve European Union clients after Britain leaves the bloc in 2019. Citi ...

Watchdog warns City on using shell companies to access EU

Watchdog warns City on using shell companies to access EU
By Caroline Binham in London Report dashes investment firms’ hopes to use equivalence rules after Brexit The City of London has been put on notice by the EU’s top banking watchdog that it cannot retain access to the single market after Brexit by using mere ...

Gibraltar in the spotlight: the Rock in a hard place over Brexit, tax … and sewage

Gibraltar in the spotlight: the Rock in a hard place over Brexit, tax … and sewage
By Phil Hoad Fifty years since Gibraltar voted 99.64% to stay British, sovereignty is suddenly back on the agenda. But the Rock has problems beyond Brexit  With Brexit negotiations currently in a quagmire, those holding fast to the Rock of ...

Bank of England warns Brexit will put strain on regulatory resources

Bank of England warns Brexit will put strain on regulatory resources
By Jill Treanor City editor‘Material risk’ to regulatory arm’s objective of promoting financial stability as it deals with UK’s withdrawal from EUThe Bank of England has warned that the task of regulating the City after Brexit will put a strain on its ...

Who's behind the blog

Who's behind the blog

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