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Category: Financial Services

Brexit makes UK treacherous bet for a veteran bond investor | Bloomberg

5 July 2023 BrexitCarnage Leave a comment

​Manabu Tamaru is shorting UK bond futures on expectations the nation will continue paying a hefty inflationary price for its…

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Posted in: Europe, Financial Services, UK Filed under: bonds, brexit, eu, uk

Farage’s bank accounts were closed ‘because of lack of money’ | The Independent

4 July 2023 BrexitCarnage Leave a comment

​The Brexiteer sparked a free speech row after claiming his accounts were shuttered by upmarket lender Coutts in revenge for…

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Posted in: Banking, Europe, Financial Services, Politics, UK Filed under: brexit, eu, farage, uk

UK banks rejecting Farage | AML Intelligence

29 June 2023 BrexitCarnage 2 Comments

​DE-RISKED: Brexit agitator Nigel Farage has been rejected as a customer at seven UK banks, he revealed. He did concede…

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Posted in: Banking, Europe, Financial Services Filed under: banks, brexit, eu, farage, uk

Britain signs Brexit memo with EU over financial services after long wrangling | Irish Examiner

27 June 2023 BrexitCarnage Leave a comment

​Britain’s Jeremy Hunt approved the memo with commissioner Mairead McGuinness during the first visit to Brussels by a UK chancellor…

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Posted in: EU, Europe, European Commission, Financial Services, UK Filed under: brexit, eu, uk

Carrot or stick? How EU plans to reduce reliance on UK CCPs for derivatives clearing | The Trade News

20 June 2023 BrexitCarnage Leave a comment

​European policymakers post-Brexit have been vocal in their intentions to remove this to the Bloc after concluding that such a…

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Posted in: EU, Europe, Financial Services, UK Filed under: brexit, eu, uk

Friends again, but EU and UK heading nowhere fast on finance | Politico

12 June 2023 BrexitCarnage Leave a comment

It’s only a year until European elections, meaning top officials have very little incentive to offer Britain anything. Read More 

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Posted in: EU, Europe, Financial Services, UK Filed under: brexit

Ex-Barclays customer in France struggles to transfer funds | The Connexion

5 June 2023 BrexitCarnage Leave a comment

​A British man tells us of complications moving his money after the account was closed due to Brexit. Read More  

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Posted in: Banking, Financial Services, Migration Filed under: banking, brexit, business, eu, france, uk

London heading for Brexit showdown – financial reforms won’t stop it crashing out | Daily Telegraph

BrexitCarnage Leave a comment

“The former boss of the London Stock exchange has warned that reforms aimed at boosting the market’s competitiveness won’t save…

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Posted in: Banking, Europe, Financial Services, Industry, Regulation, UK Filed under: city, competitiveness, london, london-stock-exchange, market, rolet, square-mile

Sterling risks to downside against euro and dollar, MUFG says | ExchangeRates.org.uk

4 June 2023 BrexitCarnage Leave a comment

​Further challenges include Bank of England’s (BoE) outdated forecasting model and Brexit-induced trade tensions. The expected rate hikes by the…

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Posted in: Currencies, Economy, Europe, Financial Services, UK Filed under: bank-of-england, brexit, eu, sterling, uk

Why UK’s stock market lost three-quarters of Its activity | The Washington Post

2 June 2023 BrexitCarnage Leave a comment

​It appears to fit the narrative of a nation whose economy has run into trouble, hit by under-investment and the…

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Posted in: Business, Europe, Financial Services, Industry, UK Filed under: brexit, eu, stock market, uk

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Comment on Carnage

  • Mark on Brexit has been a resounding disaster. Starmer must find the courage to change course | The Guardian
  • Kevin Jones on New entrance fee to visit Europe set to triple, says European Commission | CNBC
  • Elizabeth Gardiner on Labour is risking UK financial crisis by refusing to re-join EU | Rejoin EU Party
  • Elizabeth Gardiner on Brexit rule could leave UK passport holders banned from Spain for three years | Liverpool Echo
  • Elizabeth Gardiner on Reeves accused of leaving devolved nations in red after NICs rise | The Guardian
  • Elizabeth Gardiner on Bregret: Why many Britons regret leaving EU | Deutsche Welle
  • Kevin Jones on Brexiters’ ‘sabotage’ claims as new proposals clear Commons | The Independent
  • Graham on Brexiters’ ‘sabotage’ claims as new proposals clear Commons | The Independent

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