December 29, 2020
MADRID – Cross-border workers who commute between Gibraltar and Spain will be exempt from border controls after Brexit even if no agreement on free movement is reached with Britain, Spanish Foreign Minister Arancha Gonzalez Laya said on Monday. Madrid and …
November 20, 2020
Britain’s lawmakers launched an inquiry on Friday aimed at ensuring its financial services remain globally competitive after the country’s full departure from the European Union next month. “We’ll make a series of recommendations for how the government, public bodies and …
October 28, 2020
Britain must spell out how far it wants to diverge from European Union rules if it wants access to the bloc’s financial market from January, a top European Commission official said on Tuesday. Britain has left the EU and access …
October 20, 2020
Brexit could one day give the European Union an opportunity to challenge the City of London’s dominance as a global financial hub. Right now, however, the EU is in no condition to take advantage. As talks on Britain’s future relationship …
October 19, 2020
Britain should tweak financial rules after full Brexit to keep London’s financial hub competitive and deepen ties with growth markets in Asia, a think tank said in a study on Monday. Britain accounted for nearly a third of financial activity …
October 15, 2020
European Union leaders meeting in Brussels on Thursday will pressure Britain for concessions in their troubled Brexit talks, saying a trillion euros worth of trade could be sunk if London does not budge on fisheries, fair competition and solving disputes. …
October 1, 2020
More than 7,500 finance jobs and a trillion pounds in assets have already left Britain for the European Union as banks prepare for full-blown Brexit in January, consultants EY said on Thursday. Banks, insurers and asset managers have opened new …
July 1, 2020
LONDON – British proposals to give the City of London access to the European Union are “unacceptable” because they seek to maintain the benefits of the single market without the obligations, the bloc’s chief Brexit negotiator Michel Barnier said on …
June 24, 2020
Britain and the European Union are set to miss their end-June deadline for assessing future cross-border trade in financial services, leaving just six months before a potentially messy UK exit, financial industry and EU officials say. Britain left the EU …
June 16, 2020
Trade talks between the EU and UK have struggled in recent weeks, increasing the prospect that Britain departs the bloc without a deal and that businesses face an extreme shock when the divorce takes effect. It’s a scenario that would …