A LEADING businessman has said Brexit will have limited impact on the Island’s finance sector, but could make our fishing industry vulnerable. Sir Mark Boleat, former chairman of the City of London Policy Committee, Jersey Development Committee and the Channel Islands Competition and Regulatory Authorities, was in the Island for the International Banking Forum, Future […]
Read MoreBrexit deal likely to slip to December, says EU commissioner
Ireland’s EU Commissioner has said a summit to finalise a Brexit deal is now unlikely to be held until December, pointing to further slipping in the negotiating timetable. Phil Hogan said if he was “a betting person” he would wager that there would be no deal this month. But his comments come amid reports in […]
Read MoreMay under pressure over Brexit plan legal advice
Prime Minister Theresa May faced calls to publish the legal advice setting out how the UK could end a ‘backstop’ customs arrangement with the EU. Theresa May has faced demands from both her own Cabinet and her Democratic Unionist Party allies to show the full legal advice behind her Brexit plans. The Cabinet is on stand-by […]
Read MorePhilip Hammond defends May’s Brexit plan after City’s rebuttal
Writing in the Financial Times, Mr Hammond said the long-awaited white paper would allow the City to “flourish” despite abandoning his original “mutual recognition” plan, which would have allowed financial services easier access to the European Union. It comes after City of London Corporation policy chairman Catherine McGuiness said the Brexit white paper was “a […]
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