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UK News Brexit LIVE: Amsterdam ‘powergrab' obliterated as paper shows 1000 EU offices moving to UK

04:10  01 april  2021
04:10  01 april  2021 Source:   express.co.uk

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The Government is currently negotiating a new "memorandum of understanding" (MoU) with Brussels which could give UK based companies greater access to European markets. According to Hilary Fordwich, a global business developer, European companies are already looking to move operations to London.

He told RT: "Bovill, that is a financial services consultancy firm, back in January only two months ago, released a report that stated over a thousand EU banks, insurers and asset managers were opening offices in London so that they could better serve their European customers.

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"So I think you're seeing that a lot of these EU investors and EU firms are also moving to the City of London.

"They are doing so regardless of the MoU being signed or not.

"As usual the only thing that is usual is business is carrying on as usual."

Ahead of the 2016 referendum, Remainers argued Brexit would decimate London's financial services industry.

Ursula von der Leyen holding a sign: Brexit © GETTY Brexit

There have been reports of some UK companies relocating to Amsterdam post-Brexit though the number of jobs involved is believed to be low.

Around £8bn in shares was traded on the Dutch section of equity exchange CBOE Europe and Euronext Amsterdam in January, four times the December figure.

However much of this has been concentrated in the stock trading sector which is low margin and only has a limited impact on jobs.

EU plotting legal threat to force UK to follow NI protocol. 'Abide by obligations!'

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There are hopes a new MoU could be signed in the next few weeks giving British companies greater access to European financial markets.

In a statement last week the Treasury said: "Formal steps need to be undertaken on both sides before the MoU can be signed but it is expected that this can be done expeditiously."

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11:03pm update: Brexit vindicated by EU's vaccine farce as bloc's propaganda machine has 'nowhere to hide'

THE EU has "nowhere to hide" in the face of its tardy vaccination rollout, especially in comparison with the UK's success, a think tank has said after the publication of its latest analysis.

Facts4EU's experts reached their conclusion after poring over figures from the Our World In Data website, which has compared vaccination rates across the globe.

These reveal 34 million people in the UK have been vaccinated with at least one dose, with the UK having administered 50.85 jabs per 100 people.

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  Brexit LIVE: EU 'shot itself in foot' - investigation uncovers stat which SHAMES Brussels BRUSSELS is "shooting itself in the foot" in a foolish attempt to punish the UK for Brexit, a think tank analysis has suggested, with exports to Britain falling far faster than to the rest of the world compared with last year. Facts4EU pored over figures supplied by the bloc's statistics department, Eurostat, and came up with some conclusions which will make uncomfortable reading for European Commission President Ursula von der Leyen.

By contrast, the EU's rate is less than a third of that figure, at 16.2.

Correspondingly, the death rate per 100,000 people in the UK stood at 0.93 as of Sunday.

The EU27's figure - 5.74 - was more than six times the UK's figure.

Facts4EU's editor-in-chief, Leigh Evans said: "When it comes to the biggest crisis in the world right now - the Covid pandemic - there really is nowhere for the EU to hide.

"This issue (rightly or wrongly, some would argue) continues to dominate the world's news agenda.

"And the EU's performance continues to be - frankly - dismal."

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10pm update: Michel Barnier said Brexit reality only hitting now

The European Union's former Brexit negotiator, Michel Barnier, said on Wednesday the reality of Britain's decision to leave the bloc was only now being felt, years after the British 2016 referendum on membership.

Listing the changes that Brexit has brought since January 1, when Britain ended a transition out of the bloc, Barnier said trade barriers, limits on citizens' movement and work visas were inevitable.

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"For many people the real consequences of the referendum are only now starting to sink in," Barnier told an event in Switzerland via video link from Paris.

"The reality, which has become clear for all to see, is that Brexit means recreating trade barriers that had not existed for 47 years."

Michel Barnier sitting at a table using a laptop © Reuters Michel Barnier

8.30pm update: Kirstie Allsopp defended Brexiteers after 'pointless' clash with Remainer: 'Unpleasant'

Kirstie Allsopp sprang to the defence of Brexiteers after a "pointless" Remainer rant claimed those who voted to leave the European Union were "idiots, bigots and people smelling of wee".

The TV star returns to screens tonight on Channel 4's Kirstie and Phil's Love It Or List It. Allsopp has been a presenter for more than two decades and rose to prominence with shows including Location, Location, Location and Relocation, Relocation.

The star hit the headlines this month after she vowed to "take a break" from Twitter following clashes with "unpleasant people" online.

The 49-year-old claimed to have been "bogged down fretting" about the offensive remarks and had forgotten "the vast majority of people are good and kind".

She vowed to return to the social media platform "after Easter" and claimed she needed a break from online trolls.

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7.45pm update: Julie Walters warned of 'revolution' from 'unhappy, angry' public before Brexit 'disaster'

Julie Walters warned of a "working-class revolution" before she claimed Brexit was a "disastrous blow" to the nation.

The Harry Potter actress is one of the nation's most beloved stars and returns to TV last night in the ITV show For The Love Of Britain.

She rose to fame in Educating Rita in the Eighties before forging an impressive career with films including Billy Elliot, Calendar Girls and Mamma Mia!.

The 71-year-old has also been an outspoken critic of Brexit and feared ramifications of Britain leaving the European Union.

Boris Johnson wearing a suit and tie: Prime Minister Boris Johnson © Getty Prime Minister Boris Johnson

7.15pm update: EU attacking AstraZeneca 'because of Brexit' - Antivaxx fears over Brussels scaremongering

The EU is scaremongering over its brutal attacks on vaccine maker AstraZeneca because of Brexit, a UK doctor has suggested, who fears this will be used by antivaxxers as an excuse to encourage others not to take the jab.

The latest official figures show that nearly 31 million people in the UK - more than half of the UK adult population - have already received their first dose of a Covid vaccine.

Second doses of vaccines have also outnumbered first doses for the first time, with the latest Government figures showing 270,526 second doses were registered on Tuesday, compared with 224,590 first doses.

But in contrast, the vaccination programme in the EU has stumbled from one disaster to the next, with Brussels embroiled in a bitter war of words with AstraZeneca over product and supply issues.

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6.15pm update: Boris Johnson faces legal action in new challenge over Brexit agreement secured with EU

Ministers are being taken to court over the Brexit deal, with a class action launched over the impact of trade on Northern Ireland.

A haulage company frustrated by the red tape and bureaucracy introduced as part of the Northern Ireland Protocol and DUP North Antrim MP Ian Paisley have launched legal proceedings.

They claim the Protocol infringes the economic rights of Northern Ireland citizens.

If the legal action is successful it could force the Government to pay out huge financial settlements in compensation for the disruption to trade caused by the Brexit deal.

Many goods travelling from the British mainland to Northern Ireland are subject to customs checks.

Boris Johnson wearing a suit and tie: Boris Johnson told to walk away from post-Brexit talks © Getty Boris Johnson told to walk away from post-Brexit talks

5.40pm update: THIS Brexit is betrayal of our vote - EU still has whip hand over Britain JONATHAN SAXTY

We need to face facts. Brexit is not a done deal. This may seem like the complaint of a cranky 'Brextremist' or unneeded at a time when Covid-19 has swept all before it.

But, in fact, if the UK is to go for growth in the months ahead it needs to have cleared the Brexit hurdle in order to actually reap the benefits of having left the EU behind.

Unfortunately, try as we might to gloss over it, the hurdle has yet to be fully cleared. This is most painfully obvious with Northern Ireland.

Little wonder judicial review proceedings have been launched against the Government, so damaging has the Northern Ireland Protocol been to the UK.

5pm update: Don't need EU! Boris told to walk away from post-Brexit finance deal 'Brussels in decline'

Boris Johnson has been told to give up negotiating a finance deal with the European Union to instead concentrate on expanding Brexit Britain's influence throughout Asia, with one expert warning: "The EU is in decline."

Joe Biden calls for calm in Northern Ireland while voicing support for Brexit Protocol

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Britain left the EU at the end of last year following the conclusion of a near year-long transition period that saw a post-Brexit trade deal agreed at the eleventh hour.

Negotiations on financial services were not part of talks between London and Brussels on a trade agreement, and was continuing to cause further market access friction between the two sides.

Last week it was announced Britain and the EU had agreed a "Memorandum of Understanding" (MoU) that will set the conditions for how regulators from the EU and Britain share information.

Simon Coveney wearing a suit and tie: Irish Foreign Minister Simon Coveney © Getty Irish Foreign Minister Simon Coveney

4.30pm update: British expat warning: Legal expert highlights three major post-Brexit problems in Spain

A legal expert has highlighted the three biggest problems facing expats living in or moving to Spain following Brexit.

Barry Davys, who has worked as a specialist financial advisor to expatriates for the past 14 years, spoke as Spain started enforcing 90-day stays on unregistered Brits.

Mr Davys, from The Spectrum International Finance Advice Group, dismissed fears Brexit was making it all but impossible to move or stay abroad.

But the lawyer, who mainly helps expats in Catalonia, has highlighted three big issues facing Brits after Brexit.

3.30pm update: Simon Coveney declares he is 'Brexit bogeyman' in outrageous boast - fresh EU row looms

Irish foreign minister Simon Coveney has branded himself the "Brexit bogeyman" because he has challenged both the UK and EU in the row over Northern Ireland.

The minister claimed he had taken equal aim at London and Brussels over the implementation of the Brexit deal's protocol to prevent a hard border.

Mr Coveney said eurocrats still had a lot to learn about tensions triggered in Northern Ireland as a result of the creation of a trade border with the rest of Great Britain.

Unionists have opposed the Brexit border plans because it has essentially created a frontier in the Irish Sea.

a row of bikes parked in front of a building: Brexit © GETTY Brexit

3pm update: Steven Brown takes over from James Bickerton

2.27pm update: Sturgeon dream destroyed: Scotland faces 10yr wait to rejoin EU - with euro & hard border

Scotland faces a decade-long wait to join the European Union if it becomes independent, a think tank report has warned.

A report by the Institute for Government (IfG) claimed a hard border would also be put in place with England.

This would mean goods from England crossing the border would have to be checked - similar to the Northern Ireland Protocol arrangements.

1.42pm update: That's why UK left! Irish ex-diplomat praises Brexit and says Dublin 'embarrassed' by EU

The success of the UK's vaccination rollout is a massive contrast to the sluggish pace of the EU's programme - and proves the wisdom of Brexit, a former Irish diplomat has said.

Ray Bassett believes Ireland has missed out on a golden opportunity to put itself on a similar footing to Israel, which leads the world in terms of the number of vaccine doses it has delivered.

Mr Bassett, Ireland's former ambassador to Canada, Jamaica and the Bahamas, said Taoiseach Micheal Martin and his ministers must apologise for the "desperate" slowness in which jabs were being administered in comparison with Britain.

12:46pm update: Sturgeon's 'virtue signalling' bid to join EU vax scheme 'could have left thousands dead'

Scotland would be in a far worse position if Nicola Sturgeon had succeeded in her ambition of signing the country up for the EU's botched vaccine procurement plan, the leader of Reform UK Scotland has said.

And Michelle Ballantyne suggested thousands of live could have ended up being sacrificed on what she called the Scottish First Minister's "virtue signalling".

Mrs Ballantyne was speaking after the publication of a new report by pro-Brexit think tank Facts4EU, indicating the EU's vaccination rate per 100 people - 50.3 - currently outstrips the bloc's (15.5) by more than three to one.

Nicola Sturgeon posing for the camera: Brexit © GETTY Brexit

11:53am update: EU splitting - Bloc takes Poland to European Court of Justice over 'judicial infringements'

Brussels will haul Poland in front of European Union judges in the battle of the country's controversial judicial reforms.

The European Commission has escalated its legal proceedings against Warsaw after opening infringement procedures in April last year.

Eurocrats accuse Poland of not upholding judicial independence after reforms saw the retirement age of supreme court judges slashed. The EU said the 2019 Polish law "undermines" the independence of the country's judiciary.

10:43am update: British expats deported from Spain as guards order group to get back on plane back to UK

British expats have been deported from Spain as guards ordered a group to get back on a plane to the UK, it has been revealed.

Britons arriving at Alicante-Elche airport yesterday were said to have been refused entry into Spain, before being sent back to Manchester on the same plane.

A sign in the terminal had been put up, which said: "No tie card, no entry".

09:55am update: Brussels makes £69trn power grab of UK business - Outraged UK tells EU chiefs to back off

Brussels is preparing for an £69 trillion power grab of businesses from the City of London.

The EU wants to end Britain's dominance over the hugely profitable clearing of derivatives contracts for global businesses.

Eurocrats and the bloc's leaders have long wanted to seize control of a bigger chunk of one of the City's most prized asset in the wake of Brexit.

Five years after our vote to leave, Britain still controls 90 percent of euro-denominated swaps clearing, a massive concern for Brussels and other finance hubs on the Continent.

a close up of a newspaper: Brexit © EXPRESS Brexit

08:43am update: Irish PM takes veiled swipe at EU over vaccine supply: 'Only thing holding us back'

Ireland's Prime Minister Micheal Martin has taken a veiled swipe at the European Union over its Covid vaccine supply issues as pressure begins to mount on Brussels from its own member states.

The Taoiseach made the remarks on Tuesday evening after his Cabinet agreed to a phased easing of COVID-19 restrictions throughout the country.

Like the rest of the EU, Ireland's vaccine rollout has been hit by severe supply problems, but the number of jabs have increased significantly to their highest level to date this week.

Mr Martin said Ireland will have administered nearly one million vaccine doses by the end of next week.

07:55am update: EU's Michel humiliated as own argument used against him - vaccine row sinks to new low

European Council boss Charles Michel has been humiliated after his own call for global vaccine transparency was used against him.

In a new twist for the EU vaccines row, the top eurocrat was told to "get his own house in order" rather than attempting to broker a global treaty on pandemic response.

Mr Michel co-signed a call from more than 20 world leaders for the creation of an international agreement to help manage future health scares in the wake of the coronavirus crisis.

In a press briefing this morning, the EU's most senior official said: "For this global approach to work, we need more transparency, more accountability, and more shared responsibility in the international system."

07:30am update: Post-Brexit US trade deal in jeopardy as Joe Biden furious at London's tech tax crackdown

A top economics academic warned the ongoing digital tax row between Joe Biden and Boris Johnson could threaten prospects of a post-Brexit deal as the threat of tariffs on UK goods shows relationships with the new administration has gotten off on a bad foot.

International Economics Professor Keith Pilbeam at City University in London warned the Digital Service Tax introduced last April could threaten an American post-Brexit trade deal as the US feels the tax unfairly targets them.

The US dislikes the 2 percent revenue tax on digital companies as many operate in North America, with President Joe Biden threatening to slap down a sharp 25 percent tariff on some British goods in response.

The UK says it wants digital firms to pay their "fair share of tax" but the US disagrees and says the tax is discriminatory towards American businesses.

Joe Biden calls for calm in Northern Ireland while voicing support for Brexit Protocol .
JOE BIDEN added his voice to calls urging for calm in Northern Ireland, after a week of violence shook the province.Jen Psaki, the White House press secretary, said: "We are concerned by the violence in Northern Ireland and we join the British, Irish and Northern Irish leaders in their calls for calm.

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