Latest Brexit Headlines
All the headlines from our Brexit Topic Page, ordered by recency.
Coronavirus Strikes Post-Brexit Trade Talks with Top Negotiators in Isolation
Mar 20 2020 // The coronavirus has struck at the heart of the post-Brexit trade talks between Britain and the European Union, with both sides’ top negotiators now in isolation. David Frost, the UK’s chief negotiator, is...
Allianz-Backed Fintech Startup, N26, Closes UK Mobile Bank Accounts, Blaming Brexit
Feb 12 2020 // N26 GmbH, the German mobile bank backed by billionaires Peter Thiel and Li Ka-Shing, said it will end UK operations citing the country’s departure from the European Union. The Berlin-based digital bank will close UK...
UK and EU Commence Sparring Over Post-Brexit Trade Rules
Feb 3 2020 // The European Union and Britain clashed over a post-Brexit trade deal on Monday with Prime Minister Boris Johnson insisting he need not sign up to the bloc’s rules and Brussels warning of tariffs and quotas unless he...
Brexit Day Is Finally Here; Now the Hard Part Begins: Opinion
Jan 30 2020 // London and Brussels are two hours apart by train but on Friday, the day the U.K. officially leaves the European Union, the two cities will feel worlds apart. The Brits are planning a Brexit celebration worthy of a...
Brexit Impact on UK Insurers Dictated by Trade Talks, Possible Economic Hit: AM Best
Jan 30 2020 // From an operational point of view, the United Kingdom’s departure from the European Union on Jan. 31, 2020 will have little immediate impact on AM Best-rated insurers in the UK or EU, according to the ratings agency...
Factbox: What’s Ahead for UK Financial Services Sector and Brexit Trade Deal?
Jan 28 2020 // Britain leaves the European Union at 2300 GMT on Friday but has yet to negotiate a deal on future trading relations with the bloc. The EU is Britain’s biggest market for financial services, worth about 26 billion...
U.K. Financial Services Firms Prepare for Worst in Brexit Trade Talks
Jan 27 2020 // Britain’s finance sector is losing hope of securing even basic access to European Union markets from Dec. 31, as talk that the EU wants UK fishing rights in exchange draws the industry into a political struggle...
U.K. Financial Services Firms Must Prepare for Failure of Brexit Trade Deal: Regulator
Jan 24 2020 // Financial firms in Britain should be ready in case no trade agreement is struck with the European Union by December, a senior U.K. regulator said on Thursday. Britain leaves the EU next week, followed by a “business...
‘Impossible’ to Agree to Full EU-U.K. Brexit Trade Deal by Year End: EU Head
Jan 9 2020 // Britain will find it “basically impossible” to negotiate all aspects of its future relationship with the European Union by the end of this year, the head of the European Commission said on Wednesday, adding...
U.K. Financial Services Firms Pay Record Taxes with Future Prospects Clouded by Brexit
Jan 7 2020 // Britain’s financial industry paid a record near-$100 billion in taxes in the year to March, reaffirming its central role in funding the state at a time when its future prospects have been clouded by Brexit. The 75.5...
City of London’s Unity Begins Cracking over Brexit Trade Deal: Opinion
Dec 23 2019 // Boris Johnson’s triumphant U.K. election victory makes Brexit a near certainty next month. For the City of London, Britain’s split from its biggest trading partner is a huge leap into the unknown; one that will...
UK Financial Services Sector Remains Resilient Ahead of Brexit: Research
Dec 18 2019 // Britain’s exports of financial and related services rose to 83 billion pounds ($106.5 billion) last year, with the European Union still the biggest customer, underscoring the importance of retaining market access to...
Big Victory for Johnson and Brexit. Now What?
Dec 13 2019 // Prime Minister Boris Johnson won a sweeping election victory on a promise to “Get Brexit done,” but a reality check awaits for voters hoping that the messy divorce is finally over. It’s just the...
Big Victory for Johnson and Conservatives Clears Way for Quick Brexit
Dec 13 2019 // Britain was speeding towards Brexit on Friday after Prime Minister Boris Johnson won a crushing election victory, ending three years of uncertainty since the country decided to leave the bloc. Exiting the European Union, a...
New EU Brexit HQs Opened by U.K. Financial Firms Face Watchdog Checks in 2020
Nov 5 2019 // New European Union hubs opened by British-based financial firms to avoid Brexit disruption will be scrutinized next year by the bloc’s markets watchdog to check whether they are gaming licensing requirements. This...
U.K. Company Insolvencies Rise to Highest Level Since 2014 on Brexit Crisis
Oct 31 2019 // The number of companies in England and Wales unable to pay their debts rose to an almost six-year high in the third quarter as the Brexit crisis intensified. There were 4,355 company insolvencies, 0.4% more than in the...
Broker Aon to Move Jurisdiction of Incorporation to Ireland Due to Brexit
Oct 29 2019 // Insurance broker Aon plans to move its parent company’s jurisdiction of incorporation to Ireland from Britain due to Brexit, it said in a statement on Tuesday. New York-listed Aon will keep its operational...
U.K. Aims to Ensure Post-Brexit Strength of Financial Services Sector: Minister
Oct 28 2019 // Britain will do whatever it can to ensure that its financial sector remains a major global player after Brexit, financial services minister John Glen said on Monday. “This government absolutely believes in the...
EU Agrees to Delay Brexit Until Jan. 31, as U.K. Parliament’s Impasse Continues
Oct 28 2019 // The European Union agreed a three-month flexible delay on Monday to Britain’s exit from the bloc as Prime Minister Boris Johnson pushes for an election after opponents forced him to request an extension he had vowed...
London Financial Firms at Risk of Being Cut Off from EU After Brexit: Official
Oct 24 2019 // Intense dialog between British and European Union financial regulators must start now or London risks being cut off from the bloc after Brexit, a top banking lobbyist said on Wednesday. Banks, insurers and asset managers...
