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Brexit Watch

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Brexit Watch

Report: Brexit will cause 40,000 investment bankers to leave Britain

LONDON (UPI) -- Britain could lose up to 40,000 investment bankers as a result of Brexit, a new report says. The report from managing consultant group Oliver Wyman says that as Britain prepares to leave the European block by 2019, British bankers working in the European financial system system could move out of London to other European finance hubs. The report states that the European Union "faces a number of broader policy questions about the future structure of the Euro financial system and […]

todayAugust 1, 2017 77

Brexit Watch

Brexit talks stall as British cabinet feuds

Ed Adamczyk United Press International BRUSSELS (UPI) -- Talks regarding Britain's exit from the European Union resumed, and Britain's prime minister warned her feuding cabinet to stop its infighting. David Davis, the Britain's Brexit secretary, began four days of talks with EU chief negotiator Michel Barnier in Brussels on Monday, but flew home to London after only three hours of negotiation. Matters regarding Britain's departure from the economic bloc will be handled by subordinates until Davis returns on Thursday. Prior to his departure, […]

todayJuly 17, 2017 48

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