Britain could potentially withhold some payments to the European Union if a deal to help the country leave Brexit doesn’t happen before next year. As part of a Brexit transition deal, Britain is set to pay the EU between 35 and 39 billion euros ($41-$46...
Aiming to prevent startups from defecting after London leaves the European Union, the U.K. government is offering startups a bunch of perks to keep them in the city by providing them trips, dinners and startup help — and potentially hooking them up with U.S. partners....
Brexit is being blamed for a 37 percent drop in new financial sector jobs available in London last month. According to Reuters, Britain’s upcoming exit from the European Union is the main factor for new financial services jobs falling to 3,150 from 4,980 in December...
Brexit won approval from U.K. voters more than a year ago, but so far Bank of America (BoA) hasn’t seen any benefits from the decision, according to news from Reuters. That’s according to BoA Chief Executive Brian Moynihan, who told CNBC Thursday (Oct. 26) that he...
If there’s one thing investors don’t like, it’s uncertainty. And that holds true for all types of investments, well beyond the stock market. So it is with Brexit, where uncertainty is causing skittish tendencies on the part of firms across all manner of industries to...
Last week was a tough one for U.K. Prime Minister Theresa May, who had to contend with a sore throat and a prank in the middle of her speech at a conference. But, optics aside, she said in reference to Brexit that “we will find...
As Brexit looms ever closer, Reuters reports, the departure of Britain from the European Union (EU) means that British companies may find it tough to get loans from European banks. The newswire said on Tuesday that banks based on the Continent are responsible for about 10...
In the Brexit world, news the past several days has centered, among other things, around how citizens of the European Union (EU) will be documented and what financial impact Britain’s exit from the EU might incur. The Home Office, reported The Guardian, has stated that EU...
The British government has announced that the U.K. will look to develop its own regulatory framework separate from EU standards as part of the Brexit regulation. The stated goal of the new regs will be to create a long-term advantage for doing business in the...
