Brexit has claimed another scalp in the City according to the Guardian. The paper reports on the Irish prime minister’s announcement that a Lloyd’s of London firm is moving its European headquarters from the capital to Dublin.
The UK’s exit from the EU is also reported as the reason behind Vince Cable’s call for a “fierce” tax on overseas residents buying British property. It is said to be part of a pitch to broaden his Liberal Democrats party’s agenda beyond opposition to Brexit.
And the Financial Times takes a deep dive into commercial property investment in booming Bucharest which is leading a transformation in Europe’s sixth-largest capital.
Lloyds of London firm moves European base to Dublin over Brexit
Cable calls for fierce tax on overseas purchase of UK property
Commercial property investors descend on booming Bucharest
French Connection hails turnaround
Purplebricks ‘bullied review website’ over negative responses
