Blamed: political and economic uncertainty, Brexit, and the very measures designed to tamp down on London’s housing bubble. … Read More UK “Housing Downturn” Pushes Biggest Real-Estate Agency with 10,000 Employees to Brink, Shares Collapse
Two large British outsourcers are also on the verge of collapse, and the vultures are circling… Read More Was Carillion’s Collapse the Beginning of the End for UK’s Outsourcing Sector?
If only everyone would ignore the EU’s own tax havens!… Read More In Brexit Tug-of-War, EU Aims at City of London’s Tax-Haven Empire
Shifting trillions of euros of derivatives positions could be hugely disruptive… Read More Global Banks, City of London Raise “Disorderly Brexit” Alarm
Brexit could become a money-making machine for law firms that make millions when corporations sue nation states via trade and investment agreements… Read More Brexit Bonanza: Lawyers Encouraging Corporations to Sue UK & EU Member Sates
“Significant economic damage” is a “price worth paying.” But businesses are not so sure… Read More Support for Hard Brexit in the UK Hardens
Oh the irony: EU capitals are trying to attract the very institutions that caused some of the worst financial scandals of the last ten years… Read More Did the City of London Just Press the Panic Button on Brexit?
“What they sell is escape: from laws, rules, and taxes of jurisdictions elsewhere, with secrecy as their prime offering.”… Read More World’s Worst Tax Haven Threatens to Expand Its Operations
After the tumult of 2016, Europe could do with a year of calm. It won’t get one. … Read More 2017: Europe's Year of Rage
Mark Blyth, one of select few economists to correctly predict the triumph of Brexit and Trumpism discusses why the financial elites will not take responsibility for the fallout of the 2008 Global Financial Crisis. … Read More Mark Blyth on Why the Financial Elite Just Can't Get Enough of Austerity (For Others)
Hailed by diplomats as a chance to “send a signal of what the EU expects” from Mr Trump, the plan fell into disarray after foreign ministers from the bloc’s two main military powers declined to attend the gathering demanded by Berlin and Brussels.… Read More Chaos Ensues As Europe Splinters in Response to Trump