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.
After forty years in the service of the Falkland Islands, Sukey Cameron, the Falklands Representative in London is to retire in October. The Penguin News chatted with Ms Cameron about her long and distinguished career.
The Falkland Islands Government announced on Friday that Mrs Sukey Cameron MBE, the Falkland Islands Government Representative in the UK, is to retire in October 2019.
London City has published its official passenger figures for 2018, showing the number of travellers passing through the airport last year totalled a record-breaking 4,800,190.
Donald Trump's offer of a quick, massive, bilateral trade deal will not be possible if Theresa May's EU withdrawal agreement is approved, the US ambassador to the UK has warned. President Trump had previously said her Brexit proposal sounded like a great deal for the EU Woody Johnson told the BBC the UK was in need of leadership over Brexit.
The European Court of Justice has ruled the UK can cancel Brexit without the permission of the other 27 EU members. The ECJ judges ruled this could be done without altering the terms of Britain's membership.
Spain will vote against the divorce agreement between the European Union and the United Kingdom unless Gibraltar’s future relationship with the bloc is considered a bilateral issue between Madrid and London, rather than between the EU and UK, Spanish Prime Minister Pedro Sanchez has said.
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.
The United Kingdom and the European Union have made progress on a deal to give London’s dominant financial center basic access to EU markets after Brexit, two British officials said, but no agreement has yet been clinched.
Brexit deal involving a customs union and a “close” relationship with the single market would win a majority in the Commons and have the backing of business, John McDonnell has said. The shadow chancellor said Labour MPs would vote in favor of a Brexit deal that “protects jobs and the economy” but acknowledged that was “not the way it is at the moment” under Theresa May’s strategy.