Brexit News Archive: 05 Aug 2017

Jean-Claude Juncker: Britain is struggling to produce 'coherent answers' on Brexit

European Commission President Juncker: Britain will soon wake up to the "density of problems" thrown up on a "daily basis" by Brexit. Juncker doesn't believe will be reversed. The Trump administration is not as well-organised as the EU, Juncker adds. LONDON - European Commission President Jean-Claude Juncker says Brexit is ...
Business Insider   |   Sat, 5 Aug 2017 08:50:21

Car sales in the UK fall once again

British new car registrations fell for a fourth consecutive month in July, the longest run of declines since 2011, in the latest sign of how uncertainty about Brexit is hitting Britain's economy, a car lobby group said yesterday. Demand fell across business, fleet and private sales with total registrations down ...
Reuters / Times of Malta   |   Fri, 4 Aug 2017 22:01:04

Lord Sugar says Boris Johnson and Michael Gove should be in prison over Brexit 'lies'

The pair endorsed the claimed the NHS would be £350 million better off after Brexit
Jon Stone / The Independent   |   Fri, 4 Aug 2017 16:38:26

Jean-Claude Juncker dismisses talk of calling off Brexit

James Crisp / Telegraph   |   Fri, 4 Aug 2017 16:00:57

That Irish Problem With Brexit Is A Tough One - Without A Real Solution Either

The Northern Ireland and Eire border is indeed a Brexit problem. The likely best solution is to just declare it solved and turn a blind eye to low level violations of the rules.
Tim Worstall, Contributor / Forbes   |   Fri, 4 Aug 2017 15:00:00

RBS plans move to Amsterdam for post-Brexit EU hub

Royal Bank of Scotland is in discussions about using Amsterdam as its post-Brexit EU hub and has revealed it is being investigated for potential breaches of money laundering rules.
Here Is The City   |   Fri, 4 Aug 2017 12:22:38

Morning News: August 4, 2017

Global Refiners Brace Themselves as China Cements Its Oil Market Dominance As Brexit Nears, 'Discounters' Gain Ground in U.K. Supermarket Wars Toyota and Mazda Link [...]
Eddy Elfenbein   |   Fri, 4 Aug 2017 11:04:37

RBS returns to profit in first half of 2017

The banking giant makes a profit of £939m and selects Amsterdam as its post-Brexit European base.
BBC   |   Fri, 4 Aug 2017 10:37:53

Car sales continue to crash as Brexit economic uncertainty weighs

Telegraph   |   Fri, 4 Aug 2017 10:14:17

Brexit uncertainty blamed as UK car sales fall for fourth month

Sales of new cars fell 9.3% to 161,997 in July, while those of diesel cars were down by a fifth compared with last year New car sales in the UK fell for a fourth month in July as Brexit uncertainty weighed on demand and buyers shunned diesel cars in greater ...
Angela Monaghan / Guardian   |   Fri, 4 Aug 2017 10:06:43

Boris Johnson And Michael Gove Should Be In Prison For Brexit 'Lies', Says Lord Sugar

Boris Johnson and Michael Gove should be thrown in prison for the "lies" told during the EU referendum, Lord Sugar has said. The independent peer, who quit the Labour Party in 2015, said today he would be willing to serve as Theresa May's Brexit negotiator. Asked by BBC Radio 5′s ...
Ned Simons / Huffington Post   |   Fri, 4 Aug 2017 10:05:30

RBS plans Amsterdam hub for NatWest Markets after Brexit

Royal Bank of Scotland could add 150 staff to its Amsterdam operation as NatWest Markets, its investment bank arm, will use a Netherlands licence to deal with Britain's exit from the European Union.
IFR   |   Fri, 4 Aug 2017 09:07:00

New car sales fall with 20% diesel decline

The fourth consecutive fall in new car sales is being blamed on uncertainty over Brexit and the Government's plans to boost air quality.
Sky   |   Fri, 4 Aug 2017 07:56:00

RBS plans move to Amsterdam for post-Brexit EU hub

UK taxpayer-owned bank reports first half-yearly profit for three years with full-year loss likely as it outlines plan to ensure passporting rights continue Royal Bank of Scotland has revealed it is in discussions about using Amsterdam as its post-Brexit EU hub as it reported it had made a profit in ...
Jill Treanor / Guardian   |   Fri, 4 Aug 2017 06:44:41

RBS swings into second quarter profit

State-backed bank reverses losses as it unveils contingency plans for a "hard" Brexit
FT   |   Fri, 4 Aug 2017 06:26:52

RBS returns to profit in first half of 2017

The banking giant makes a profit of £939m and selects Amsterdam as its post-Brexit European base.
BBC   |   Fri, 4 Aug 2017 06:20:13

Swiss bank Julius Bär plans expansion in UK with new offices

A Swiss bank that accepts only customers with at least £2m of assets is defying Brexit with plans to expand in the UK through new offices in Manchester, Leeds and Glasgow.
Here Is The City   |   Fri, 4 Aug 2017 04:23:27