"Europe has clearly won the battle for its own share trading" / Aquis CEO Alasdair Haynes, from London's second-biggest venue for trading European shares, says 99.6% of trades shifted to the EU overnight — "a spectacular own goal" for Britain post-Brexit

"I can see no reason why any prime minister in their right mind would ever take us out," says prime minister taking us out of the EU.

The London-based wall-mounted bike storage manufacturer attracted 50% of its business from the EU pre-Brexit and has been left with a £100,000 hole in revenues. /

Sadiq Khan has defended his blocked attempt to fly the EU flag above his office on the seventh anniversary of the referendum to leave the bloc while speaking to voters on LBC's Speak to Sadiq.

The UK is lagging behind European counterparts in terms of growth because of Brexit, the Director of Tax Research UK tells Nick Ferrari.

It’s almost 100 days since Britain completed its split from the EU -- almost five years after the referendum vote –- and a clearer picture of the consequences of the decision to leave is starting to emerge.

Dublin has been crowned the most desirable place for City jobs, as 135 firms have relocated business to the Irish capital due to Brexit, new research has revealed.

Saturday 20 February was the 50th day since Boris Johnson’s Trade and Cooperation Agreement (TCA) came into effect. Anyone expecting it to settle all questions, or even most of the details, of how we will do business with the EU from now on will be mightily disappointed.

Forecasts show the capital would have as many as 87,000 fewer jobs, with its economic output 2 per cent lower in 2030 than would otherwise be the case.

The recent closure of the Charles Peguy centre is sad but hardly surprising.

Amsterdam has displaced London as Europe’s biggest share trading centre after Britain left the European Union’s single market, and picked up a chunk of UK derivatives business along the way, according to data published on Thursday.

UK’s departure from the EU prompts shift in dealing of stocks and derivatives.

Amsterdam ended 2021 as Europe's top share trading venue, holding its lead over London despite efforts by the British financial centre to make its equity markets more attractive after Brexit.

Equity trading on the Amsterdam stock exchange has for the first time overtaken London. The trading volume in the Dutch capital has quadrupled within one month in January as a result of Brexit.

Amsterdam surpassed London as Europe’s largest share trading centre last month, the Financial Times reported on Wednesday.

Bosses warned they are being prevented from transferring animals such as rhinos and giraffes due to red tape created by the UK’s departure from the EU.

Hermann Hauser says UK chip designer rules could seek secondary listing in London later.

Bank of America has spent around $400m on preparing for Brexit, which has seen the bank move some operations from London to Dublin and Paris.

Of all the stupid losses Britain faces from Brexit, few can match the departure of well-paid bankers from London.

The Chancellor is trying to keep talent in a financial sector that is losing ground to the EU. / Of all the things the government could be doing to improve the economy right now, scrapping the cap on bankers’ bonuses seems like the most brazenly tone-deaf.

Investment banks are shifting more rainmakers out of London to financial centres across the European Union, accelerating the pace of moves after the pandemic and uncertainty over Britain’s access to the bloc slowed relocations.

'New York has continued to gain at London’s expense,' following the 2016 Brexit referendum

A no-deal Brexit would be an economic and social “catastrophe”, a senior banking industry leader has warned.

Banks counting the cost of Brexit have moved or plan to move more than £900 billion in assets to the European Union – the equivalent of ten per cent of the entire UK banking system.

Banks may continue to drift away from London if the European Central Bank intensifies its scrutiny of their presence in the bloc, the Bank of England’s deputy governor said.

Barclays PLC is planning to hire 200 new traders in Paris in a fresh blow to the Square Mile in the wake of Brexit.

Barclays Plc expects to increase its headcount in Paris by about two thirds in the next two to three years, as the French capital increasingly becomes the main trading hub in continental Europe for global lenders after Brexit.

EU chief Brexit negotiator scotches hopes of special deal for City of London.

After Lily Allen tweeted that she’s noticed ‘standards have slipped’ in many of London’s restaurants, people began asking themselves whether she was right. Kate Ng speaks to those on the frontline about what’s gone awry in a city once known for its incredible food.

Brexiteers promised to “take back control.” But the decision has instead delivered recession, gloom, and despair.

London risks losing control of its lucrative clearing market under new rules.

UK stock market valuations have slumped since the 2016 vote to leave the EU.

Falling business volumes, a sharp decline in jobs and a ‘national emergency’ have damaged bankers’ confidence.

Britain’s top hotels are suffering from bartender shortages, with many leaving the industry or moving to new projects.

London’s status as the global hub for FX and derivatives trading is under threat for the first time since Brexit.

London's claim as a global green finance hub suffers Brexit blow as ICE shifts contract auctions for EU emissions trading system to Amsterdam

Trade figures for City services are revised sharply lower — and they can only get worse.

Brexit will potentially cost London’s economy £9.5bn a year – with the capital’s service sectors bearing the brunt of the downturn, stark new research published by the Mayor of London, Sadiq Khan, reveals today.

Sadiq Khan urges government to strike financial services equivalence deal with EU.

Amsterdam surpassed London as Europe’s largest share trading centre last month, as Brexit led London to lose business.

Strong growth elsewhere has obscured an honest debate about the cost of leaving the EU for UK financial services.

Goldman Sachs moving bankers to the continent amid new rules / EU-based chaperones are now required for London pitches

Britons facing ‘austerity’ budget as a direct result of decision to leave Europe, former Bank of England adviser says

It will be years before the full impact of Brexit on Britain's financial sector is fully known as more activity could leave London for the bloc or other centres like New York, Bank of England Deputy Governor Jon Cunliffe said on Monday.

More than 275 financial firms are moving a combined $1.2 trillion in assets and funds and thousands of staff from Britain to the European Union in readiness for Brexit at a cost of up to $4 billion, a report from a think tank said on Monday.

Conference of European Rabbis has planned move from London for years, viewing need for its offices to be in heart of Europe; organization’s head says Germany is ideal location.

The growth in international schools in London has been stopped in its tracks - with Brexit the likely culprit.

We have been tracking the impact of Brexit on the banking and finance industry in the UK over the past few years, and our latest report makes for pretty sobering reading.

The 150-year-old Randal Cremer primary in Hackney is earmarked for closure next summer.

The City of London finds itself in a precarious situation. With the Brexit trade deal barely mentioning financial services, the flight of the United Kingdom’s financial industry to the European Union will be difficult to avoid.

London, at the heart of the UK’s service sector economy, may lose up to £9.5bn in economic output a year from Brexit.

A determined ignorance of the dynamics of global capitalism is bringing about a long-overdue audit of British realities.

In this video, our Council member, financial expert Graham Bishop, reviews the prospects for the City of London after Brexit. / He argues that the British government’s “Edinburgh reforms”, designed to help the City, are little more than pro-Brexit propaganda. They will usually make little difference and in some cases risk repeating the mistakes which led to the financial crisis of 2007-2009.

A number of factors, including leaving the EU, are playing a part even as overall net migration to the UK - much of it to London - has hit a record high.

He said Brexit has made attracting talent “substantially more difficult”. / A partner in a brand new $1bn venture capital fund has warned that London risks losing its status as a global tech hub as Brexit has made attracting talent “substantially more difficult”.

London has been the unrivaled king of European finance for more than three decades. Brexit is starting to change that.

Britain’s finance industry is appealing for greater access to the European Union single market, amid fears that politics could leave large parts of the City of London shut out of Europe for good.

The U.K.’s departure from the European Union pushed more than 440 financial firms to move at least some of their operations, staff, assets or legal entities from Britain to the bloc.

The fragmentation of Europe's capital market due to Brexit has increased operating costs for banks to the point where some struggle to make their UK and EU hubs viable, a report showed on Tuesday.

Worried that EU visitors post-Brexit would start claiming back value added tax on luxury purchases, the UK scrapped its rebate on the tax. / This makes the UK the only country in Europe not to offer such a rebate and makes Paris and Milan more attractive, as customers can save thousands of euros.

As of 2021 UK financial firms lost access to the EU single market and now need regulatory equivalence to do business on the continent. Brexit really does mean Brexit for the City of London, writes John Ryan (LSE).

"Would London lose out to Barcelona or Berlin or Stockholm or Amsterdam? The answer to those questions is a resounding "yes." Even smaller European tech hubs are taking talent out of London."

It appears that many European financial services firms are not interested in continuing to be authorised in the City, as only half of EU firms that were given a temporary license to operate in the UK – immediately after Brexit – have applied for full authorisation, a Freedom of Information request has revealed.

Firms relocating staff and shifting assets, according to EY / Flurry of further moves seen as end of transition period looms

First trading day since Brexit shows early damage to London / Aquis CEO is pessimistic about prospects for ‘equivalence’

Giles Merritt assesses British remorse for leaving the EU, and suggests that Brussels should weigh the advantages of a constructive new relationship.

London Zoo among names to sign petition calling on action from Rishi Sunak. / Breeding schemes for endangered animals such as rhinos and monkeys are being harmed by Brexit red tape - zoos have warned.

A leading writer on the economy explains why the underperformance of the stock market should shock and concern everyone.

Airmic, the UK association for risk and insurance professionals has said that Brexit is threatening the London Markets influence in the global industry.

The capital’s service sectors will bear the brunt of a downturn, according to a study published by the Mayor of London, Sadiq Khan.

Swissquote Group Holding SA will likely shift its European retail business from London to Luxembourg following Brexit.

The impact of Brexit on people’s earnings could be ‘substantial’, say experts. / Millions of workers in Britain will be about £1,300 worse off a year due to Brexit, leading experts have said.

In early 2021, a Brexit deal lacking in provisions for financial services sparked a City-wide scramble to navigate the repercussions of the split. A year later, regulatory experts have bad news — there’s worse to come.

Britain’s exit from the European Union has “cannibalized” London’s listing pool, according to JPMorgan Chase & Co.’s chief executive officer for Europe, the Middle East and Africa. / “Clearly, Brexit has kind of cannibalized the listing pool and a lot of European companies are now listing on European exchanges.”

Don't count on the delay to Britain’s departure making life any easier for the City of London as it prepares for a new regulatory reality.

Now that hiring has made a comeback in London banking circles, some recruiters are complaining of a new phenomenon: too little talent.

Poor regulation of harmful chemicals, the City losing control of trillions, the music industry on its knees ... more Brexit consequences.

The stock exchange ‘going down the gurgler’, a ‘hammer blow’ to the food industry, married Britons punished, and some rare Brexit upsides

Paris, Frankfurt and Dublin are most successful in luring roles from UK, say consultants

The City of London was supposed to have been set free by Britain’s departure from the EU. That’s not how it’s turning out. / In a reversal of the roles they've been used to playing, Britain is demanding the EU toughen up rules, worried about the threat of another financial crisis.

Pro-Remain parties in Northern Ireland criticise ‘petty’ decision by UK government.

Britain’s economy is forecast to shrink by 0.4% in 2023, more than any other in the Group of Seven richest nations, according to the Organization for Economic Cooperation and Development (OECD). Britain is the only G-7 member whose economy has yet to return to pre-pandemic levels.

Angel of the North artist now holds dual nationality and is ‘keen to retain links with Europe’.

Treasury silent on damage being caused by Brexit to Britain’s economy and Bank of England accused of being reluctant to talk about it.

Camden for Europe is an informal group of people living and working in the London Borough of Camden who support Britain’s continued membership of the European Union.

Ms Dupont told MyLondon: "Since Brexit, just direct 25 per cent tax increase on the product coming from abroad. Knowing that we are an island, it's difficult to avoid that - it just happens." / "To be honest, my opinion, Camden mostly a touristy place. We definitely did, before Brexit, a few years ago better."

In our series looking at life after Brexit, James Moore asks whether London’s financial centre can weather the economic storm.

Chancellor Jeremy Hunt has been accused of encouraging a “race to the bottom” after he unveiled ‘big bang’ plans to slash City red tape.

Chipping Barnet for Europe is a grassroots organisation that was set up by local residents at the end of 2017.

The French capital will become a focus for the bank as it tries to recruit dozens of fresh staff.

One of Europe’s most prominent associations of Orthodox rabbis is moving its headquarters from London to Munich in a ripple effect from the United Kingdom’s withdrawal from the European Union.

Battle focuses on what EU sees as bloc’s over-reliance on London’s clearing houses handling euro-denominated derivatives.

City firms revealed in the final months of 2020 that they planned to shift nearly £100bn in assets to the EU, taking the total value of assets lost to the bloc since the Brexit vote to £1.3 trillion, according to a new survey.

Twenty companies have announced plans for no-deal scenario but true number could be higher. Financial services firms are preparing to move £800bn of assets out of Britain to Europe as part of Brexit contingency plans, a report has revealed.

Some 400 moves were announced in the last quarter, taking the total number of shifted roles since the 2016 referendum to 7,500.

Tracker from EY finds 44% of big UK financial services players are moving staff to bloc or considering it.

UK-based derivatives clearing houses will no longer have access to the European Union after June 2025, the EU’s financial services chief has said.

'After Brexit, we found ourselves in a position where we could not talk as easily to European clients, and now we can'. / Numis, the traditionally City-focused investment bank, is gearing up to compete with larger rivals in continental Europe after opening its post-Brexit office in Dublin.

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 Financial think tank said on Friday.

Guy Hands, Terra Firma Capital Partners chairman and chief investment officer, discusses the impact of Brexit on U.K. exports, investment strategy, and the influence of environmental, social and governance issues on the firm's mergers and acquisitions.

London is losing talent as financial markets fragment following Brexit, according to one the most prominent bankers at JPMorgan Chase & Co.

The European Commission’s financial services head insisted that U.K. clearinghouses will get no further access to the bloc’s markets after 2025, knocking back the Bank of England governor’s calls for an indefinite trade route into the European Union.

Britain left the bloc’s orbit in December and its new trade deal with the EU does not include financial services.

The City of London suffered a loss of £2.3 trillion in a single month in its lucrative derivatives trading market, with Wall Street trading platforms the ones that benefitted.

Brussels looks set to lock the City of London out of European markets from 1 January, with the EU not planning on granting regulatory equivalence before the end of the Brexit transition period.

The European Union is unlikely to grant broad access for the City of London, and the flight of euro share trading from Britain to the bloc is permanent, UK bankers said on Monday.

The U.K.’s plan to review its financial rulebook undermines prospects of a deal with the European Union on post-Brexit market alignment, according to a leading EU lawmaker on the issue.

Executives question the UK government's efforts to secure post-Brexit financial services access to the European Union.

Close scrutiny of UK financial firms’ European Union outposts will continue indefinitely, the bloc’s securities watchdog said, as regulators begin a round of new checks on how they are operating.

New biometric border controls being introduced for UK citizens due to Brexit could create “huge queues” of travellers, reports Noah Vickers, Local Democracy Reporter.

A town hall will need to stump up an extra £38m for its new wave of council homes due to soaring costs.

We are a voice for the majority of Croydonians who want to stay in EU.

If Deliveroo Holdings Plc’s listing was meant to hang an ‘Open For Business’ sign over the City of London, the opening day crash in the shares jarred somewhat with the message the U.K. had intended to send about post-Brexit Britain.

Trade worth hundreds of billions has shifted from London to New York due to Brexit.

Deutsche Bank AG DB is transferring 100 bankers from the corporate banking unit in London to its offices in the EU and Asia. This move is part of the bank’s accelerated restructuring moves, on account of the U.K.’s exit from the European Union.

Those who have the right to work in the EU can reapply for their jobs.

The UK used to be the obvious point of entry for art and antiquities coming into Europe. But then we ostracised ourselves.

Downing Street has blamed Brussels for the loss of business suffered by the City since Brexit day, which has led to Amsterdam surpassing London as the biggest share trading centre.

UK financial services firms seeking to set up post-Brexit hubs in Amsterdam have been using the Covid pandemic as 'a welcome excuse'.

In the race for business lost by the City of London because of Brexit, Amsterdam’s stock market has surprised European rivals by carving out the biggest slice so far.

The European Central Bank said global lenders who set up units in the euro area after Brexit are still too dependent on operations outside the region, a conclusion that may lead some banks to move more staff into the bloc.

MPs have branded a post-Brexit shake-up aimed at boosting growth in the financial sector a "damp squib". / The Treasury Committee said since the "Edinburgh Reforms" package was set out, there has been little progress.

Enfield local grass roots cross party campaign. Enfield for Europe is a local pro-European campaign group. We're active throughout Enfield, from street debating to doorstep leafleting.

Lobbyists in the City with knowledge of the talks are sceptical — calling such a model the 'lowest possible version' of a future UK-EU framework.

The European Union is ready for every type of Brexit, including granting no further EU access to Britain’s financial sector, the bloc’s candidate for financial services chief said in a document seen by Reuters.

On the seventh anniversary of the Brexit referendum, London’s City Hall and the Mayor of London’s office have been banned from flying the EU flag outside City Hall.

Dutch officials handed over a pair of clogs and the keys to the European Medicines Agency’s temporary base in Amsterdam on Wednesday as the watchdog prepares to leave London after Brexit.

The European Union published three draft laws on Wednesday to lift economic growth by deepening its capital market through less reliance on post-Brexit London, cutting red tape on company listings and streamlining insolvency rules.

The European Union published three draft laws today to lift economic growth by deepening its capital market through less reliance on post-Brexit London, cutting red tape on company listings and streamlining insolvency rules.

Irish and Dutch watchdogs have indicated they will more closely police the practice

Mandatory clearing of derivatives contracts by pension funds in the European Union should start in June 2023, helping the bloc to cut reliance on London, the EU's securities watchdog said on Tuesday.

Brussels plans to crack down on a patchwork of national arrangements that allow banks outside the EU to sell services into the bloc, dealing a blow to lenders in London that rely on the arrangements to cushion the impact of Brexit.

This is the latest move in an ongoing battle from EU regulators to ensure more financial services business moves back to the bloc after the UK's split with the EU.

The European Union’s securities watchdog suspects a post-Brexit shift in share trading to the bloc from Britain represents a permanent change after Amsterdam displaced London as Europe’s biggest share trading centre last month.

Trading in euro-denominated swaps has fallen sharply in London since Brexit, with volumes moving to New York, Amsterdam and Paris, financial data company IHS Markit said on Thursday.

Brexit has consequences. According to the boss of Europe’s largest exchange group, one of them is that London is no longer the region's dominant financial center. But that's not the worst of it.

Stock market listings outside of London are the 'new normal', Stephane Boujnah said, citing Ryanair favouring Dublin trading over London

Pan-European exchange Euronext said on Monday it will clear all trades on its newly acquired Italian platform by 2024, helping the European Union cut its reliance on the London Stock Exchange for core financial activities after Brexit.

"Brexit is a historic mistake. It was pushed through by irresponsible nationalism, based on false promises and shortsightedness," declared Austrian MEP Andreas Schieder who helped prepare the vote. / "Brexit is bad for Britain and Brexit is bad for Europe," he said.

New post-Brexit border controls could result in Eurostar being forced to limit passenger numbers travelling from London St Pancras every day, it has been reported.

Facilities at St Pancras too ‘inadequate’ to process new checks without ‘hour-long queues’ at peak times, says operator HS1.

Issues around new Eurostar post-Brexit passport checks must be resolved "as a matter of urgency" ahead of potential "chaos", London's mayor says. / There are plans to bring in biometric border controls at St Pancras International in London in October.

More than 7,000 finance jobs have moved from London to the European Union as a result of Brexit, down 400 from the total anticipated in December, consultants EY said on Tuesday.

Big Four accountancy firm EY is shifting its legal entity from London to Brussels as it braces for the UK’s exit from the European Union.

Britain’s departure from the European Union has triggered the biggest change in trade since it joined the bloc 48 years ago, with companies grappling with export documents, longer delivery times and the need to re-engineer supply chains.

We are beginning to see UK financial services following Northern Ireland and the fishing industry under the wheels of the Brexit bus, exactly as Catherine McGuinness, the City of London Corporation’s head of policy said last year.

Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district.

Kirkland & Ellis has nailed its European antitrust ambitions to the mast in the wake of the UK’s exit from the European Union to launch an office in Brussels.

Real estate agent Foxtons Group Plc (FOXT.L) posted lower half-year revenue on Friday, blaming a Brexit-driven downturn in the London market for a drop in house prices and an increase in demand for lower-value properties.

France is blocking a post-Brexit financial services deal between the EU and the UK until Boris Johnson’s government grants fishermen fair access to British waters, officials have claimed.

Goldman Sachs Group Inc. is shifting some of its euro swaps trading desk to Milan from London, the latest example of roles moving to the continent after Brexit.

Cross-party group based in Greenwich & Bexley campaigning for continued UK membership of the EU.

Writing exclusively for FN's sister title Private Equity News, the hedge fund veteran says leaving the EU has eroded the power of the City.

The financier and former Tory donor says leaving the EU was a plan by the rich to make themselves richer and the poor poorer.

In this Federal Trust Briefing, financial expert Graham Bishop argues that three years after leaving the EU, there are no discernible signs of any benefits from Brexit for the UK financial sector. As the City’s leaders are recognising with growing alarm, the City’s international standing is slowly sinking.

Europe’s top securities watchdog wants London-based hedge funds and asset managers to prove they have built up a presence in the European Union after Brexit.

The role of the London Stock Exchange as a hub for global share trading is changing following the U.K.’s exit from the European Union.

All the talk was of Frankfurt or Paris luring London's financial business as Britain peeled away from the EU. Yet it is Amsterdam that is proving the most visible early winner.

Clues point to Britain’s 2016 vote as City suffers brutal losing streak.

Activity in first three months of year indicates UK's withdrawal from EU could remake financial centres across Europe in coming years. / A month after Britain voted to leave the European Union, Boris Johnson was asked whether he thought the finance industry would keep its rights to trade freely in the bloc. “I do, I do,” he told reporters. It was never that simple.

Financial News rounds up our coverage of how the City has been impacted since the landmark Brexit vote.

Organised crime gangs are preparing to exploit the eight freeports that are being opened across England as part of the Government’s ‘levelling up’ strategy, experts have warned.

Banks, asset managers and insurers have already moved nearly £1 trillion of assets out of the UK and to other European countries ahead of Brexit, with more likely to be shifted in coming months, according to new research.

The boss of the UK’s largest bank has warned banks and their clients will have to swallow higher costs if Brexit fragments the European financial market.

While Britain braces for its exit from the EU in March 2019, HSBC announced on Monday that seven of its Europe-focused offices will move from London to Paris early next year.

Businesses in the services sectors face ‘major barriers’ despite trade agreement, a study suggests.

ondon trains leave Amsterdam at least 78% empty because of constraints on UK border checks. / Thousands of seats are deliberately going unsold on Eurostar trains every day as the cross-Channel train operator struggles with post-Brexit passport controls.

Businesspeople, academics, journalists and a top trade unionist have formed a group with the purpose of repairing fractured UK-EU relations.

International banks in the UK are under increasing pressure to tighten up compliance with post-Brexit rules amid a regulatory review.

Transfer to Brussels of securities deposits follows shift of share trading away from UK.

Securities settlement for Irish assets worth more than 100 billion euros ($119 billion) has left London for the European Union in the latest adjustment in markets to Brexit.

The City has been plunged into something of an existential panic in recent months. Fears of international decline have crystallised in the form of a listings drought and a crack squad of City grandees are scrambling to try and steady the ship.

Campaigning for the UK to stay in, or as close as possible to, the EU

Finance firms have announced that about 7,600 jobs will move from the UK to the EU, according to a study by consultancy EY.

JPMorgan Chase & Co. is pushing about 300 London-based investment banking staff to sign fresh contracts confirming they’ll leave the U.K. in the event of a no-deal Brexit, people familiar with the matter said.

JPMorgan Chase & Co. is further expanding its balance sheet in Frankfurt as it adapts to a post-Brexit Europe.

The French capital has gained one year on from Brexit, but cities such as Dublin, Amsterdam and Frankfurt have also emerged as winners.

European Medicines Agency heads for Amsterdam 63 days before Brexit.

London activists upset at small mention of holding a second public vote. Local election results trigger fresh row over party's Brexit policy.

A grassroots group standing up for pro-European values in the UK’s most heavily Remain area. Join us!

'The patience of the regulatory authorities is now wearing quite thin,' says one City lawyer of Brexit loophole tactics.

Chef-patron Michel Roux Jr. told customers the restaurant would be open for dinner service only from mid-June and said a combination of Brexit and the pandemic is to blame.

Londependence is the political party that stands up for London and all its people. We campaign for an autonomous, diverse and livable London.

An EU forum for discussing financial services with Britain will be similar to what the United States has, and it must be in place before market access will be considered, the bloc’s financial services chief said on Monday.

Young bankers waiting to learn when or whether they might be relocated to the European Union can take some solace from the fact that oftentimes, their bosses also don’t know their own fate.

David Davis claims medicine and banking bodies will not have to leave Canary Wharf.

Numis Corp. will open an office within the European Union to pursue business that would otherwise be cut off after Brexit.

An index compiled by Bloomberg showed combined market capitalisation of primary listings in Paris overtook London in US dollar terms.

The U.K. and the European Union have yet to find a solution for the financial services industry after Brexit, and recent data suggests that Brussels may have the upper hand in negotiations.

Trading in euro-denominated swaps has dropped by nearly 30 per cent in London since the end of the Brexit transition period on 31 December, with trade primarily shifting to New York, Amsterdam and Paris.

ICE says EU contracts will shift from U.K. to Netherlands. / Traders had warned of cost and risk in post-Brexit London.

London firms are struggling to recruit staff amid "rapid falls" in applicant numbers in part due to Brexit, a major new report has shown.

Dublin was been chosen as the most desirable place for jobs from London’s financial district, as 135 firms have relocated business to the Irish capital because of Brexit, according to new research.

An influential business group has said it is willing to back a new referendum on the Brexit deal and is demanding that the government “stop the clock” on withdrawal to avoid crashing out for the EU.

Fund managers in London have already seen stock-trading upended by Brexit. Now, they worry they could be next.

‘Regulators are simply not going to allow these kinds of Brexit workarounds to be used anymore’.

London’s IPO market share has dropped since the Brexit vote as British companies seek to list in New York.

We have a nationalistic government which is focussing on Red Wall seats in the North, while London’s financial services and arts industry are under threat.

The boss of Europe’s largest exchange group took a swipe at the UK capital, saying Brexit means it is no longer Europe’s dominant financial center.

A broad coalition of London leaders have called on Government to recognise the damage that the wrong Brexit deal could inflict on the city.

Amsterdam ousted London as the largest financial trading centre in Europe last month as Brexit-related changes to finance rules came into force.

Closely-watched rankings suggest uncertainty over Brexit has had a short-term impact on the City of London's status.

'The final Brexit deal was effectively a no-deal Brexit for finance... this was a major mistake,' said Sadiq Khan.

LONDON has lost its crown as Europe’s largest stock market to Paris, with France closing a trillion-dollar market gap since the 2016 Brexit vote.

A London headteacher has blamed Brexit after her primary school was forced to close because it lost half of its pupils.

LSE tells City it has applied for new licences and entities within EU ‘to ensure orderly markets’

A report from think tank New Financial says around 300 of a predicted 1,000 EEA firms will set up in the UK

London town halls are preparing to write to hundreds of thousands of EU citizens in the capital to tell them they can take part in European elections if they are held.

The golden age of the City of London began with a big bang. It’s ending with a whimper.

The City of London’s will remain a global financial centre but may not see the ‘golden age’ again, according to NatWest bank chairman Howard Davies.

Londoners’ lives are being put at risk by the Government’s bungled post-Brexit targets to tackle toxic air, a watchdog warned on Tuesday.

The year is 2016. Tedious conversations on the impending Brexit vote dominate dinner parties across the capital. / Tom Foster, leader of the Londonpendence Party, wasn’t bored of those chats. He was angry.

The difficulties of relocating staff during a pandemic has postponed some finance jobs from moving out of London and into the European Union, according to EY.

London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game -- that is the warning from Mark Austin, the latest person charged with sprucing up the UK’s listing rules and helping the city maintain its position as one of the world’s leading financial centers.

The aftershocks of the 2016 referendum to leave the EU continue to reverberate. / The effects of Brexit are becoming increasingly clear as time goes on, and London’s restaurant industry is learning that the hard way.

Le Gavroche was founded by Albert Roux and Michel Roux Snr in 1967.

Around half of senior finance executives polled by Big Four accountancy firm EY expected Brexit to drive more jobs out of London, despite Prime Minister Boris Johnson’s claims that London’s financial district (known as the ‘City’) remains an attractive destination for bankers to continue doing business.

More than 1,000 London business owners today warned that the economy faces damage even if Theresa May manages to pass her Brexit deal.

The majority of UK firms experienced some form of trade disruption following Brexit, and many expect there to be long-term disruption as a result of the new EU trading arrangements.

Equivalence permits for UK financial services unlikely to be ready by January 1st.

A year and a half after Brexit, investment banks are still grappling with evolving requirements to run capital markets deals for EU clients from within the bloc, with consequences for the job market there and in London.

The London Assembly, the 25-member cross-party body tasked with holding the Mayor of London to account, has today written to the Mayor to highlight the issues facing musicians and other touring artists following UK’s departure from the EU.

New York has increased its market share in trading euro interest rate swaps at London’s expense, data group OSTTRA said on Thursday, in the latest sign of how global financial markets are being permanently fragmented by Brexit.

London continues to lag behind New York as the most attractive financial centre of the world, an apparent legacy of Brexit that has made the UK capital take the second spot in Global Financial Centres Index (GFCI) rankings for the third year in a row.

Survey of top bankers and asset managers puts Wall Street in front of the City as favoured location for financial services.

The City of London lost 2.3 trillion pounds ($3.3 trillion) of its lucrative derivatives trading business in March alone, with Wall Street trading platforms gaining the most from Brexit.

There will be no access to the European Union for Britain's derivatives clearing houses after June 2025, the bloc's financial services chief Mairead McGuinness said on Friday.

The U.K.’s departure from the European Union has gifted the City of London’s European rivals with a once-in-a-generation opportunity to win back some of the business that has gravitated towards the Square Mile over the past few decades.

“You could interpret this as the UK having less reach in future," a finance expert has said.

The success of Paris in luring banks from London after Brexit has exceeded expectations and is increasingly reflected in France’s balance of payments, the central bank said.

Analysis suggests London and the South East stand to benefit from repatriation of regeneration cash from Brussels. / The UK’s poorest regions could lose hundreds of millions of pounds of funding to London and the South East after Brexit, an analysis had found.

Ministers were accused on Tuesday of condemning another generation of children to breathing toxic air in London and other parts of Britain by setting a target to tackle it only by 2040.

UK dismisses EU call for its trawlers to continue operating in UK waters.

London used to be the main FX/CFD trading hub in the European Union.

Londependence and Rejoin EU will back a single candidate in the upcoming Old Bexley and Sidcup by-election.

Number of people who have pre-registered on the website is 'significantly higher' than those for October march, organisers say.

Grays, a town near London, voted overwhelmingly in favour of Brexit. But three years after severing ties with the EU, some are feeling remorse as the country lurches from one crisis to another.

Ryanair is considering a potential delisting from the London stock exchange, following the UK’s ‘Brexit’ withdrawal from the European Union.

Ryanair Holdings Plc said it will drop its London Stock Exchange listing, becoming the first major company to blame its departure on Brexit.

Ryanair is planning to delist from the London Stock Exchange in coming months due to a fall in trading volumes there, executives said on Monday, dealing another blow to London's status as a global financial center after Brexit.

Ryanair Holdings Plc is poised to drop its London Stock Exchange listing, becoming the first major company to blame its departure on Brexit.

Ryanair has confirmed plans to delist its shares from the London Stock Exchange in response to EU rules on ownership post-Brexit.

Mayor uses New Year’s Eve event to send message London remains open to Europeans

The rising cost of building materials and worker shortages in the construction sector as a result of Brexit are to blame for a lack of progress on London’s affordable housing targets, Sadiq Khan has said.

Mayor of London calls for delay beyond the end of the year so businesses and public services will not have to face ‘another cliff edge in six months’ time’

Sadiq Khan has called for the government to provide greater clarity for the City of London post-Brexit, with the mayor telling Rishi Sunak to “address the concerns of London’s financial and professional services sector”.

In an open letter, published in Tuesday's Evening Standard, the Labour Mayor said "there has never been a starker choice" for European citizens in capital.

Many flags, such as national flags and that of the United Nations, are exempt from requiring permission - but not the EU flag. / City Hall is unable to fly the EU flag outside its Newham HQ on the anniversary of Brexit, after a 2021 change to legislation means it could be prosecuted unless planning permission is granted.

Mayor to use set-piece Mansion House speech to call for reformed relationship with Europe. / L ondon should be able to set its own immigration rules to ensure there are enough skilled workers to run essential services, according to Sadiq Khan.

Government accused of criminalising flying of Brussels flag. / Sadiq Khan’s City Hall office was told it could be prosecuted for flying the EU flag on the anniversary of the Brexit referendum as a goodwill gesture.

A LEADING academic think tank will tomorrow release a report which shows that Scottish consumers will suffer “considerably greater losses” than those in London as a result of the impact of Brexit on the country.

Paris will soon replace London as the art capital of Europe, warns art fair founder.

On @SkyNews yesterday: Single Market and Customs Union is what virtually every sector, organisation, university, NGO, hospital, trade union says they need.

A shift in equity trading to the EU from London, due to a regulatory dispute over how MiFID II’s share-trading obligation applies after Britain’s exit from the bloc, is unlikely to reverse, we believe, based on 1Q data and with U.K. plans to scrap the rule. U.K. trading venues appear protected, however, having established EU hubs before the Dec. 31 split.

A whole host of issues arising from the UK's departure from EU are still unsolved after the latest Budget, City commentators note. / Issues ranging from the future of the government's rulebook and the banker bonus cap to London's status as a listings venue and a regulatory deal with the EU were not referenced in Hunt's 15 May speech, City leaders have noted.

Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit. / More than six years after voting to leave the European Union, the UK is facing a prolonged recession and a deep cost-of-living crisis. Last week’s Autumn Statement heralded years of higher taxes and cuts to public spending.

'Wimbledonisation' helped the City of London become Europe’s financial capital. But leaving the EU has been much less of an advantage.

The City of London’s chief coping mechanism for dealing with Brexit’s threat to the financial services business is to dismiss the loss of jobs and investment as a trickle rather than a flood.

Trading of European carbon futures will move to Amsterdam from London in the coming months, Intercontinental Exchange (ICE) announced last night.

Yesterday, May 30, an important part of London’s influence in the European financial world quietly slipped away. The European Banking Authority (EBA) closed its Canary Wharf office. There was no press release, no news report, only a statement on its website giving its new address. On Monday, June 3, it will re-open in Paris, France.

Across the world, there is incomprehension at what we have done to ourselves.

First, the lorry drivers dried up. Now, lobbyists in post-Brexit Britain are warning of another looming skills shortage: bankers.

The man who speaks for the City knows the bankers can’t do without Europe.

Half a decade after the referendum, the economic hit to the UK caused by Brexit is becoming clearer. But it will be years before the true impact is understood

Brexit was always going to be a recipe for the long-term decline of London as a financial centre Any ideas that suggested otherwise were ludicrous.

THE Tories are risking a repeat of “the catastrophe of the financial crash in 2008” by cutting back on the safeguards placed on banking in its wake, the SNP have warned.

Conservative politicians have boycotted a City Hall investigation into the impact of Brexit on London after Sadiq Khan claimed the capital was £30bn worse off. The London Assembly probe into the fallout from Britain's departure from the EU was due to hear evidence from five witnesses.

Wales and the south west and north east of England will be biggest losers, it calculates - with funds diverted to wealthy London and the south east. / The poorest areas of Britain will lose billions of pounds in public spending after Brexit under government plans, a study is warning – while the richest areas gain.

Concerns are now mounting that the practice could be deemed questionable by EU regulators.

Talks between the EU and UK on the Northern Ireland protocol are not making much headway and the EU has insisted that issues of trust will need to be resolved before any UK access to EU financial services will be considered.

SHAREHOLDERS in travel giant Tui have voted unanimously in favour of the company ditching its listing on the London Stock Exchange. / Tui, which is currently dual-listed in London and Frankfurt, announced last night that investors had voted by a large majority (98.35%) to quit the UK capital.

Government now rejecting EU oversight of implementing Northern Ireland agreement.

"Around half of the fiscal hole, and the political instability that comes with that, is down to Brexit," John Springford of the Centre for European Reform.

Brexit is hurting the UK economy, Bank of England officials said Wednesday, even as government leaders downplay the impact of the seismic EU withdrawal.

Britain on Friday launched a post-Brexit plan to relax curbs on its powerhouse City sector introduced after the 2008 financial crisis, denying the reforms will bring about new instability.

A former Bank of England policymaker suggested there may not be a need for an austerity budget had it not been for Brexit.

New rules over corporate lending and market trading mean EU rivals may soon have a competitive advantage.

London MEP says it is 'clear the government cannot be left to its own devices when it comes to keeping our water sources safe'.

Brexit is no reason to radically alter British financial regulation and regulators should not be forced to water down rules to boost London’s competitiveness, or stray from global standards, a UK parliamentary committee report said on Thursday.

The most obvious macro factor is Brexit. Before Britain left the EU, more than 30% of hospitality workers across the UK were European. In London, the proportion was more than half. Brexit and the pandemic have meant many of those workers have returned to their home countries.

Britain is easing banking rules brought in after the 2008 global financial crisis in a bid to attract investment and secure London’s status as Europe’s leading finance center.

The UK position 14 months ago is in sharp contrast to the flat rejection of an EU office in Belfast under Boris Johnson's government.

UniCredit SpA is planning to move most of its London-based trading staff to Milan as Chief Executive Officer Andrea Orcel looks to accelerate plans by the bank to shift more people to the continent after Brexit.

Brexit has "permanently damaged" the UK economy, former Bank of England policymaker Michael Saunders warned as London was deposed as Europe's biggest stock market.

Meanwhile former Cabinet minister George Eustice questioned the negotiating strategy that led to the Australia and New Zealand trade deals.

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Britain has been told to prepare for a no-deal Brexit when the transition period ends on 1 January 2021, after trade deal talks reached an impasse.

The economic fallout from leaving the EU is becoming all too apparent.

British sentiment toward leaving the European Union appears to be changing. As the United Kingdom marks a year since its Brexit referendum vote, a new opinion poll shows that a majority now wants to stay. Special correspondent Malcolm Brabant gets a range of reactions as the country faces its independent future.

After the U.S., the UK is the world's second-biggest market for art and antiques. But Brexit and the pandemic were major blows to sales in Britain last year, which slumped by 22 percent to $9.9 billion – the lowest level in a decade.

Mairead McGuinness, European commissioner for financial stability, financial services and the capital markets union, says Brexit equivalence on clearing is over in 2025.

Financial firms will shift almost £800bn of assets from the UK to the Continent ahead of Brexit on 29 March, according to new analysis. / City firms have continued to relocate staff and assets away from London to Europe in the face of increasing uncertainty over the UK’s relationship with the EU.

The “idiocy” of Brexit is partially to blame for one of the UK's largest tech firms choosing to list on the New York Stock Exchange over London, the company's co-founder has warned.

Mairead McGuinness has launched a plan to strengthen EU’s financial system post-Brexit.

Mayor vows to make capital a better place to live to offset ‘shockwaves’ from EU departure.

The Isle of Olive deli on Ada Street sadly shut its doors forever last month after 11 years. / However, Brexit had a huge affect on the business. “Brexit meant that for every invoice issued to us by a producer, there was a customs fee to be paid to agents in Greece and then another fee to the agent in the UK for the import declarations,” Gregoris explained.

The initial phase of Brexit moves was just the beginning, say senior bank executives.

London Mayor Sadiq Khan has called on the governmment to ease post-Brexit visa rules, which he warns are putting off too many young Europeans from visiting, and working in, the UK capital.

Boris Johnson has told us that the City of London will ‘adapt and prosper mightily’ after Brexit. But the industry itself is rather less confident, reports Ben Chu.