Brexit News Archive: 04 Jul 2017

Bank of England's Michael Saunders: 'Prepare for higher interest rates'

The MPC member on why he voted for a rise - and why policymakers should not hold fire during Brexit talks Households should prepare for interest rates to rise as the Bank of England withdraws some of the emergency support it injected into the economy in the wake of last ...
Katie Allen and Larry Elliott / Guardian   |   Tue, 4 Jul 2017 16:27:07

City of London delegation to press Brussels for free-trade deal

Hoban heads business group with blueprint for post-Brexit pact on financial services
FT   |   Mon, 3 Jul 2017 11:12:07

City of London 'to press EU for post-Brexit deal'

A team of London business leaders will go to Brussels this week to push for free trade, reports say.
BBC   |   Mon, 3 Jul 2017 07:36:05

Brexit Could Cost Banks $17 Billion

Banks in the U.K. could be on the hook for $17 billion in costs to relocate certain activities to Europe after Brexit, according to a study by a finance trade group-a tab that could weigh on bank profits for years and ultimately hit European Union consumers.
WSJ   |   Mon, 3 Jul 2017 06:51:41

Brexit News Archive: 04 Jul 2017     |     enquire