The newspaper reported: “In the almost five years following the referendum on our EU membership, eurocrats have forced banks to move thousands of jobs and hundreds of billions of pounds in assets from the city to the continent."
“In terms of British business, their attitude so far has been pretty much along the lines of ‘as long as we can make money we do’."
Britain has lost thousands of independent pubs during the Covid-19 pandemic. Wetherspoons, on the other hand, is set to open 18 more.
“From the UK perspective, I can't imagine the citizenry there would be any more happy than a majority of US citizens were about tax dollars propping up an American president's business interests. It's a disgrace to the very concept of democracy.”
As physical stores temporarily closed, people stuck at home turned to Amazon to buy groceries, cleaning supplies and more.
The British overseas territories which already feature at the top of the global tax haven rankings risk becoming even greater facilitators of tax avoidance now that they are no longer constrained by the EU’s Code of Conduct on Business Taxation.
Brexit could lead to a bonfire of worker's rights, making ‘fire and rehire’ practices commonplace.
More than 440 firms in banking and financial services have relocated part of their business, moved employees or set up new entities on the continent following Brexit.
If your business is selling B2B, you might be forgiven for overlooking Amazon. But it isn’t just B2C (business to consumer). It’s in fact one of the fastest growing platforms for B2B sales in the world.
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