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.
