Sylvie Matherat, Deutsche Bank’s chief regulatory officer, said that the bank may be forced to move 2,000 front office jobs to EU nations after Brexit and that an additional 2,000 jobs could be at stake. […]
The Independent reports that Microsoft is threatening to shift investment out of the UK, following previous announcements from UBS and HSBC to shift jobs to the EU. A link to the story is here: http://www.independent.co.uk/news/business/news/brexit-us-firms-trade-threat-london-eu-move-uk-relocate-move-report-a7473251.html
The latest in a series of demands. This from the City – an attempt to use Brexit to pressure the government into making concessions to business. If the UK government doesn’t budge – other governments will be […]
Goldman Sachs has announced that it will begin moving hundreds of staff from London to Frankfurt and Paris prior to the UK’s exit from the EU as part of a contingency plan. Richard Gnodde, chief […]
The head of European manufacturing at Nissan has given evidence to the International Trade committee this week. It provides a glimpse into the way in which Brexit will divert energy and resources to the largest […]
Sky News’ account of Nissan’s Brexit deal Sky’s Ian King examines the potential avenues the Government had to reassure Nissan ahead of its important Sunderland investment. Source: Nissan investment raises more questions than answers
Nissan had been pressing for compensation from the government in the event of a hard Brexit but Downing Street and Nissan have dismissed any suggestion of Government financial support to secure new investment in Sunderland. […]
Nissan, the recipient of generous state subsidies in the past (see our company report), has argued that it would have to be compensated for any additional costs it experiences from the imposition of tariffs following Brexit. This […]
Copyright: Corporate Welfare Watch 2017