Britain’s impending exit from the European Union has put a “question mark” over the country’s attractiveness to financial technology firms, according to the head of France’s biggest peer-to-peer lender.
Nino Sassu said it was causing an “acute” staffing crisis and that he had “never seen anything like it” in 21 years running Assaggi. The 58-year-old restaurateur said two years ago about 20 people were applying for jobs in his kitchen, while today an average of only three went for each role.
Most respondents said bigger moves could be in store in a decade or more, however. “If it is going to happen it won’t be in one big bang,” said a senior executive at one of Europe’s largest banks, which took part in the survey. “There will be a slow drain of jobs from London over...
Scottish farmers receive 16 per cent of the UK’s overall common agricultural policy (CAP) funding under the EU system, including 85 per cent of less-favoured area payments which are given to farmers in remote areas and where the land is difficult to cultivate.
Britain’s vote to leave the EU has complicated life forPaul Murphy’s recruitment agency in northwest England. A steady stream of continental Europeans who for years have taken up hundreds of thousands of positions in the hospitality business and other industries has started to dry up.
HMRC boss John Thompson also said a new customs arrangement with the EU could cost as much as £800m and take seven years to implement. Speaking before the Treasury Committee, he said HMRC did not have the money at this point to make the changes.
The fate of Vauxhall’s two UK factories and their workforce is on hold until their new French bosses receive ‘guidance’ from the UK and EU over what sort of trade deal will be in place post-Brexit. Speaking to journalists at the Frankfurt Motor Show, mercurial Portugese engineer and car boss Mr Tavares said: ’The Brexit question...