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Category: Financial Services

City of London hit harder than rest of economy since Brexit vote | Bloomberg

1 February 2025 BrexitCarnage Leave a comment

​  … Brexit, fueling concern at the time that other cities in Europe would tempt business away from the UK. Photographer:…

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Posted in: Banking, Business, Currencies, Europe, Financial Services, Insurance Filed under: brexit, city-of-london, eu, uk

City struggles with compliance amid post-Brexit rule shifts | Law360

30 January 2025 BrexitCarnage Leave a comment

​  Brexit paved the way for Britain to rip up the EU’s financial services rule book and create a more U.K.-friendly…

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Posted in: Europe, Financial Services, Law, Regulation Filed under: brexit, city, eu, law, uk

Cracks could be showing in UK’s reserve-currency status, rating agency warns | Reuters

25 January 2025 BrexitCarnage Leave a comment

​  Recent moves in UK debt markets, where gilt yields have risen even though interest rates are being cut and the…

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Posted in: Currencies, Europe, Financial Services Filed under: brexit, eu, pound, sterling, uk

Santander considers UK exit amid high-street banking frustration, FT reports | Reuters

19 January 2025 BrexitCarnage Leave a comment

​  Banco Santander is reconsidering its presence in Britain two decades after its acquisition of Abbey National made it a major…

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

Investors strap in for prolonged pain in debt-scarred UK markets | Reuters/Yahoo Finance

17 January 2025 BrexitCarnage Leave a comment

​  Investors who had been enjoying a brief rebound in long-suffering UK markets are hunkering down for a stretch of losses…

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

Bond vigilantes have UK in their sights | Financial Times

16 January 2025 BrexitCarnage Leave a comment

​  Last week investors dumped gilts and sold the pound, as concerns over the UK’s fiscal sustainability mounted. Ten-year government bond…

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

UK markets are in eye of global bond storm | Reuters

10 January 2025 BrexitCarnage Leave a comment

​  British markets are among the biggest victims of a global bond sell-off that has spilled over into currencies and stocks…

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

Carney: Failed to stop Brexit, but hopes to save Canada from populism | The Independent

7 January 2025 BrexitCarnage Leave a comment

  The former Governor of the Bank of England is a frontrunner to replace Justin Trudeau as Canadian prime minister…

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Posted in: Banking, Economy, Europe, Financial Services, UK Filed under: brexit, canada, Carney, politics, Trudeau

UK watchdog plans to simplify investment information, in shift from EU | Reuters

20 December 2024 BrexitCarnage Leave a comment

​  Britain plans to simplify often complex and unclear documentation handed to investors to boost confidence and drive investments, in what…

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

Video: A Brexit “re-set” for the City of London? | The Federal Trust

17 December 2024 BrexitCarnage Leave a comment

In this new episode of the Federal Trust podcast, Graham Bishop and Brendan Donnelly discuss the possibilities for a reset…

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Posted in: Europe, Financial Services, Opinion, Politics, UK, Videos Filed under: london

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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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