All the headlines from our Brexit Topic Page, ordered by recency.
Sep 25 2017 // The Bank of England said an agreement is needed as part of the Brexit process to protect the “long-term validity” of 20 trillion pounds ($27.1 trillion) of existing derivative contracts.The BOE’s...
Sep 20 2017 // XL Group is the latest property/casualty insurer to make plans to move its European insurance company headquarters from the United Kingdom in response to its vote to leave the European Union.The insurer and reinsurer...
Sep 18 2017 // Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe’s single market, according to a Reuters survey of firms employing the bulk of...
Sep 11 2017 // Chubb Limited intends to relocate its European Union headquarters to France if the United Kingdom leaves the EU as expected in March 2019.The insurer said the decision to choose France as Chubb’s preferred...
Sep 6 2017 // Tokio Marine Group announced that it is seeking regulatory approval to establish an insurance company in Luxembourg, to be prepared for Brexit.Through several of its subsidiaries, principally Tokio Marine HCC and Tokio...
Sep 6 2017 // Brexit could be reversed if economic pain prompts a change in public opinion that brings a new generation of political leaders to power in Britain, former Conservative minister Michael Heseltine said.Heseltine, who helped...
Aug 30 2017 // Insurers in Britain face crunchtime within weeks if the government and the European Union do not allow millions of cross-border policies to continue to run undisturbed beyond Brexit.While Britain is not due to leave the...
Aug 25 2017 // Britain’s economy is beginning to feel the Brexit pinch, or perhaps given the strong performance of the rest of the world economy, it should be punch.After a prolonged period of relatively benign economic numbers...
Aug 24 2017 // The UK’s financial sector is seeking an “ambitious” trade pact between Britain and the European Union to try to prevent a costly shift of jobs and business to the continent once the country leaves the...
Aug 18 2017 // A UK trade deal with the European Union after Brexit is desirable but not essential, the Institute of Economic Affairs said, in support of Prime Minister Theresa May’s repeated assertion that no deal is better than a...
Aug 15 2017 // Britain has said it wants an interim customs agreement with the European Union after Brexit to allow the freest possible trade of goods, but that it will also seek the right to negotiate other trade deals — a...
Aug 14 2017 // The Brexit deadline of March 2019 creeps ever closer, and exit talks are under way — but Britain’s government still doesn’t know what it wants. This failure to set a clear goal, much less devise a...
Aug 9 2017 // The Bank of England said a transition period after the Britain leaves the European Union would give banks more time to make orderly changes as Brexit poses risks to financial stability.With the UK due to leave the bloc in...
Aug 8 2017 // A shortage of staff for British employers worsened in July, hurt by the departure of European Union workers after last year’s Brexit vote, a group representing recruitment agencies said on Tuesday.The Recruitment and...
Aug 2 2017 // Transitional arrangements after leaving the European Union in 2019 will be crucial for protecting the economy and the City of London’s global role in finance, a senior British lawmaker said on Tuesday.Nicky Morgan,...
Jul 24 2017 // British lawmakers launched an inquiry on Monday into how banks and insurers could maintain access to the European Union market after Britain leaves the bloc in 2019.The House of Lords financial affairs committee said it...
Jul 19 2017 // The risk that the UK will tumble out of the European Union in two years without a Brexit deal is “substantial,” Moody’s Investors Service said.Such an outcome would affect everything from banks to buses...
Jul 17 2017 // There’s a chance Britain won’t leave the European Union, former Prime Minister Tony Blair said Saturday, arguing that stopping Brexit is “necessary” to avoid severe economic damage.In an article...
Jul 13 2017 // The insurance and long-term savings sector is one of the UK’s most productive industries, adding more than £40 billion (US$51.5 billion) a year to the economy and helping Britain thrive, according to a study...
Jul 7 2017 // Finance firms should not be forced by regulators to change location after Britain leaves the European Union in 2019, Andrew Bailey, chief executive of the UK’s Financial Conduct Authority told a Reuters Newsmaker...