TAG: Brexit
Merry Christmas! Now, when is payday?
It’s the most expensive — sorry, wonderful! — time of the year, so we decided to do a thorough and i...
8 months ago
France steps up efforts to lure post-Brexit financial jobs to Paris
PARIS — As he flies to New York Friday to convince Wall Street firms to invest in Paris, French Fina...
8 months ago
As Germany sneezes, Europe is catching a cold
Germany’s budget mess is threatening to make an already difficult situation worse for the rest of th...
8 months ago
UK Budget 2024: All the highlights
LONDON — Jeremy Hunt rolled the pre-election dice Wednesday.The U.K. chancellor delivered a budget full of measures aimed at boosting Britain's sluggish growth and reversing his party's electoral fortunes. In doing so, he parked a fair few tanks on the op...
6 months ago
Claire Coutinho: The UK’s chancellor-in-the-wings?
LONDON — Late summer 2023. Claire Coutinho, a junior minister at the Department for Education and a rising star in the U.K. Conservative government, is enjoying a quiet morning at home when her phone rings.The caller has a message from one of Coutinho’s o...
6 months ago
The City of London rejects its latest Brexit benefit
LONDON ― It should be a dream Brexit scenario for the City of London: a chance to break away from the EU and move closer to the U.S.The square mile has been offered the opportunity to modernize with New York and immediately reap the benefits of a faster-m...
6 months ago
France could ease trader layoffs to attract more finance companies
PARIS — France wants to make it easier to sack high-level finance employees in an attempt to remain a top destination for financial firms. The changes could be part of a financial attractiveness bill that aims to draw more financial companies to the count...
6 months ago
Revealed — the next Brexit headache on the Irish border
LONDON — In 2019, Boris Johnson promised his Brexit deal would do away with checks on the Northern Irish border. Five years later, the region is about to be whacked with yet another trade headache.The latest tension comes from net zero rules, with the U.K...
6 months ago
Nigel Farage’s new party wants net zero to be center stage at UK general election
LONDON — Nigel Farage has made immigration a central issue at numerous U.K. elections. This year he hopes to repeat the trick with climate change policy.Farage’s right-leaning Reform UK party plans to make scrapping Britain's ambitious climate targets cen...
6 months ago
Flip-flopping Tories freeze City of London’s green ambitions
LONDON — It's the City of London's turn to see its green ambitions put on ice.With an election looming this year, Rishi Sunak's Conservative government has already delayed plans to phase out diesel cars and gas boilers. The City, Britain's financial servi...
5 months ago
UK rejects European Parliament’s claim Gibraltar is undermining Russian sanctions
STRASBOURG — The U.K. government said it was “extremely disappointed” after the European Parliament accused Gibraltar of undermining sanctions against Russia in a vote to keep the territory on the EU’s money-laundering watchlist.A strong majority of 490 M...
5 months ago
UK slams MEPs for saying Gibraltar is undermining Russian sanctions — and calling it a ‘colony’
STRASBOURG — Britain reacted with fury after European lawmakers accused Gibraltar of making it easy for Russia to exploit sanctions loopholes and branded the territory a "colony."The spat, just the latest chapter in the centuries-old saga of the tiny Medi...
5 months ago
Heartland Tories in solar scrap to save their seats
LONDON — Conservative MPs, months out from a general election and lagging badly behind their Labour opponents, are in the fight of their lives.Polls suggests they could even collapse into a squabbling rump of fewer than 100 MPs.And one potential contribut...
5 months ago
Britain’s begging tech giants to list in London. Good luck with that.
LONDON ― The U.K. wants to save its once-mighty stock exchange from irrelevance. But it's fast running out of levers to pull.Once a symbol of Britain's global might, the London Stock Exchange’s waning strength is now a worrying emblem of decline for the C...
4 months ago