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The electorate’s momentous decision to leave the EU plunges the UK into unchartered and choppy waters. The vote will cause a period of uncertainty regarding the overarching EU legislation relating to European travel and the extent to which the relevant laws will continue to apply once the UK has withdrawn. Over the years, European legislation […]
"The surprising Brexit results, coming after recent polls indicated that a majority of UK citizens were in favour of remaining in the European Community, will now likely create several headwinds for US banks. We now see a further decline in long-term US interest rates, a stronger US Dollar, and low probability that the Fed will […]
The vote for Brexit is, we believe, likely to reinforce a recent loss of momentum in parts of the UK economy. We believe the result of the referendum will hit consumer and business confidence, at least in the short term. Business investment, already fragile, will be hurt, and so will credit growth. Capital outflows are […]
In light of the recent news that the British public has voted Leave in the EU Referendum, in this article Shyam Dhir, a German National specialising in applications under EEA regulations with Duncan Lewis’s Business Immigration team, sets out the options that available to EU citizens currently in the UK. The results for the EU […]
Speaking before an audience of over 200 senior managers from across the financial services sector, experts from leading international law firm Simmons & Simmons and Henley Business School agreed that reform of the Data Protection Act 1998 is still on the cards following the UK’s historic vote to leave the EU, although they stopped short […]
Following the referendum, Brexit is about to become a reality. Myriad negotiations will ensue to determine how a future trade between Britain and the European Union might work once the Lisbon treaty is invoked. In parallel, there is another trade deal under review that has renewed importance for a newly independent Britain: The Transatlantic Trade […]
Simon Hunt, UK head of banking and capital markets at PwC, commented: "The UK is one of the world’s leading financial centres. The banking sector plays a major part in generating exports of £23bn to the EU, which helps to drive an overall trade surplus in financial services of £20bn. Retaining this position is the […]
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