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Impact of Brexit on City of London Is Worse than Expected: Study

Apr 16 2021 // LONDON – Over 400 financial firms in Britain have shifted activities, staff and a combined trillion pounds ($1.4 trillion) in assets to hubs in the European Union due to Brexit, with more pain to come, a study from New...

Confidence Among UK CFOs Hits Record High, Helped by Vaccinations, Brexit Hopes

Apr 12 2021 // Confidence among big businesses in Britain about their profits in the year ahead has hit a record high, helped by the country’s coronavirus vaccinations and hopes for less Brexit disruption, a survey of chief finance...

What Has Changed After Brexit for London’s Financial Center?

Mar 29 2021 // LONDON — Britain and the European Union agreed a new post-Brexit financial services pact on Friday that will allow them to cooperate on regulation but does little to improve the City of London’s access to the...

Post-Brexit Exodus of Staff and Assets from London to EU Slows

Mar 2 2021 // LONDON – The shift in financial staff and assets from the City of London to the European Union because of Brexit has eased after Britain completed its full departure from the bloc, a tracker from consultants EY showed on...

Britain Reviews Rulebooks to Keep Financial Services Sector Competitive After Brexit

Feb 25 2021 // Britain is conducting a review of its financial rulebooks and policies to see how it can keep its 130 billion pound ($184 billion) finance sector competitive after Brexit left it largely cut off from the European...

About 1,000 EU Finance Firms, Such as Insurers, Eye Post-Brexit Outposts in UK

Feb 22 2021 // Around 1,000 European Union finance firms are expected to open their first offices in the UK after losing their passporting rights because of Brexit. Roughly two-thirds of the 1,500 money managers, payment firms and...

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