Tag: Dublin

• Tuesday, March 12th 2019 - 09:02 UTC

  Brexit impact has moved some £900bn in financial firms' assets out of the UK

  

  A report into the impact of Brexit on banking and finance firms says some £900bn in financial firms' assets have been moved out of the UK. It adds this has cost £3bn-4bn and involves 5,000 expected staff moves or local hires, and that figure will rise.

• Thursday, February 7th 2019 - 09:23 UTC

  Theresa May on “alternative arrangements” mission to Brussels and Dublin

  

  The British Prime Minister Theresa May will visit Dublin on Friday evening for Brexit talks, Ireland's Taoiseach Leo Varadkar has said. Mr Varadkar was speaking after his meeting with Commission President Jean-Claude Juncker in Brussels this afternoon.

• Thursday, January 31st 2019 - 09:28 UTC

  Barclays is transferring €190bn of assets from London to Dublin

  

  Barclays is moving €190bn (£166bn) of assets to Dublin because it “cannot wait any longer” to implement its Brexit contingency plan. The High Court, which has approved the move, says the move involves 5,000 clients. However, few jobs in London are expected to be affected.

• Wednesday, January 9th 2019 - 08:37 UTC

  Ireland extends a friendly hand to embattled PM May's government

  

  Ireland’s Foreign Affairs Minister has said the country will not stand in the way if the British Government asks for an extension to Article 50. Simon Coveney said they want to avoid a no-deal Brexit scenario as “everyone loses”.

• Tuesday, November 6th 2018 - 08:36 UTC

  Brexit deal on the Irish border must be agreed and shared, Dublin tells London

  

  Irish premier Leo Varadkar has told Theresa May that he will not accept a Brexit deal which gives the UK the unilateral power to halt “backstop” arrangements for the border with Northern Ireland. In a phone conversation with the Taoiseach, Mrs. May said that any agreement would have to include a mechanism to bring an end to the backstop – designed to ensure there is no hard border in Ireland if the UK and EU fail to reach a broader trade deal.

• Wednesday, October 17th 2018 - 08:34 UTC

  Ireland is getting Brexit-ready and has earmarked funds in next year's budget

  

  Ireland is stepping up preparations for physical infrastructure at ports and airports after Brexit, premier Leo Varadkar said. Irish ministers held detailed discussions in Dublin on Tuesday surrounding the hiring of customs officers and veterinary inspectors as well as the upgrading of IT systems.

• Wednesday, September 19th 2018 - 08:59 UTC

  Apple pays €14.3bn to the Irish treasury, an EU tax Dublin does not want to collect

  

  Apple has paid the Irish government €14.3bn (£12.7bn), money that the European Commission ruled the tech giant owed due to illegal tax breaks. Ireland's Finance ministry said the payment was a “significant milestone”, although Dublin insists Apple was not given any special tax treatment. In 2016 the Commission ruled the below 1% effective tax rate the firm paid in Ireland amounted to illegal state aid.

• Monday, August 27th 2018 - 08:59 UTC

  Francis ends visit to Ireland begging forgiveness for the abuses perpetrated by Church leaders

  

  Pope Francis has begged forgiveness for members of the Catholic Church's hierarchy who “kept quiet” about clerical child sex abuse. He was ending a two-day visit to the Republic of Ireland by celebrating a Mass at Dublin's Phoenix Park.

• Monday, July 2nd 2018 - 20:47 UTC

  Tension for the Brexit: Theresa May will meet with Angela Merkel and leaders of the EU

  

  The British Prime Minister, Theresa May, will visit Berlin and the Netherlands in the coming days to meet with the German Chancellor Angela Merkel and Dutch authorities before assembling her government to finally decide what commercial relationship her country wants with the European Union (EU) in the future, commented her spokesman on Monday.

• Friday, June 22nd 2018 - 08:52 UTC

  Unequivocal EU support for Dublin: no Brexit deal without agreement on the Irish border

  

  European Commission president Jean-Claude Juncker has warned the UK there will be no Brexit deal without agreement on the Irish border. On a visit to Dublin, Mr Juncker said fellow EU member states would not let Ireland be “isolated” on the impasse, insisting the demand for a resolution was a Europe-wide demand.