Leaked documents from the UK Home Office proposing that low-skilled EU migrants would be restricted in the UK’s post-Brexit immigration scheme may be more likely to increase automation and off-shoring of labour, rather than increase British wages, industry experts have warned.
Ireland is a potential beneficiary as businesses relocate from the UK post-Brexit, but this is undermined by the threatened disruption and complexities that increasingly appear to be a likely consequence.
The information and communications technology sector is suffering a triple whammy from slower growth, thin profit margins and fierce competition, claims Atradius.
In the aftermath of the Brexit referendum, it was feared that the consequences would be catastrophic. Now, 14 months on, we’ve seen how the UK has weathered the storm – at least in the short term.
How will Brexit impact the insurance industry? Many EU and EEA insurers are concerned about a potential scenario in which they could be operating in the UK without authorisation and will be acting illegally.
In the competition between EU financial centres to attract business from London post-Brexit, Frankfurt has already scored several significant wins.
Global merger and acquisition deals totalled US$1.4 trillion over the first six months of 2017, a “modest decline” of 4% on a year earlier reports EY.
Businesses must have a broad investment portfolio and a range of trading relationships to survive in today's volatile economic climate.
Morgan Stanley is moving staff to Frankfurt in time for the March 2019 Brexit deadline.
The US bank, which already has 350 employees based in the city, will transfer some trading activities currently undertaken in London and create a further 150 to 250 jobs according to reports.