In the feverish reshuffling of financial services for a post-Brexit world, London still comes out ahead, but less so.… Read More France Chases London’s Gold Market Amid Soft-Brexit Hopes
City of London just lost a $240-billion-a-day financial market.… Read More What Would It Be Like
But new high-end towers will continue to flood the market.… Read More “Posh Ghost Towers” of London: Gloom Spreads Over Housing Market as High End Freezes Up
Payment chaos. For bottom-line-obsessed bank executives, IT systems are an expense that needs to be slashed. The results are showing up… Read More Multiple Online Banking Systems Go Down in the UK
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