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Category: Financial Services

UK currency’s tentative recovery masks worst year since Brexit vote | Gulf Times

25 December 2022 BrexitCarnage Leave a comment

​A man holds pound sterling banknotes in an arranged photograph in London. A turbulent year for the pound is coming…

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

Meat bans, soaring gold prices and ‘un-Brexit’? One bank’s ‘outrageous’ predictions for 2023 | CNBC

BrexitCarnage Leave a comment

​Saxo bank has made its “outrageous” predictions for 2023, including meat bans, gold prices soaring and Britain voting to reverse…

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Posted in: Banking Filed under: brexit, eu, uk

Pound’s Tentative Recovery Masks Worst Year Since Brexit Vote | BNN Bloomberg

24 December 2022 BrexitCarnage Leave a comment

​Also the UK economy is reeling, the budget deficit has rocketed and double-digit inflation has led to the sharpest drop…

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

Numis taps Citigroup, Goodbody, Davy execs for post-Brexit Dublin office | Financial News

15 December 2022 BrexitCarnage Leave a comment

​Numis has hired a trio of senior staff as it builds out its post-Brexit hub in Dublin. The traditionally UK…

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

UK bank capital plans at odds with post Brexit vision | Financial Times

BrexitCarnage Leave a comment

​Executives say gold-plating of capital standards could lead to ‘entrenched benefit’ for EU competitors. Read More <img src="https://brexitcarnage.org/wp-content/plugins/feedzy-rss-feeds/img/feedzy.svg" title="UK bank capital plans…

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

Bank of England warns Sunak over City deregulation drive | Financial Times

14 December 2022 BrexitCarnage Leave a comment

​The UK government hopes a liberalised financial regulation regime will reinvigorate the City after Brexit. But the Bank argues strong…

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Posted in: Europe, Financial Services, Politics, Regulation, UK Filed under: bank-of-england, brexit, eu, uk

This isn’t Big Bang 2.0. It’s a spivs’ charter necessitated by Brexit | The New European

BrexitCarnage Leave a comment

​Brexit was always going to be a recipe for the long-term decline of London as a financial centre Any ideas…

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Posted in: Europe, Financial Services, Opinion, Politics, Regulation, UK Filed under: brexit, eu, uk

Big leap in UK financial advisers seeking move to Europe, says specialist expat firm | International Investment

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​Qualified financial planners who used to be able to ‘passport’ their services from Britain to the EU cannot now automatically…

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

London Stock Exchange Suffers IPO Flop | PYMNTS.com

12 December 2022 BrexitCarnage Leave a comment

​In the post-Brexit European economy, London’s position as the unrivaled financial capital of the continent is threatened by ascendant stock … Read…

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Posted in: Financial Services Filed under: brexit, eu, IPO, uk

UK’s Big Bang barely mitigates City’s Brexit pain | Reuters

9 December 2022 BrexitCarnage Leave a comment

​British finance minister Jeremy Hunt wants to boost the City of London. But a package of measures unveiled on Friday,…

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Posted in: Banking, Financial Services Filed under: brexit, eu, 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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