Tag: Brexit

  • Lloyd’s of London set to create Brussels subsidiary following Brexit

    Lloyd’s of London set to create Brussels subsidiary following Brexit

    The 329-year-old insurance market Lloyd’s of London announced it plans to create a new European subsidiary in Brussels to counter losing business when the UK leaves the EU. The insurer revealed the plan as it released its latest annual results. “A subsidiary office will be opened in Brussels with the intention that it will be…

  • Airbus will suffer following restriction due to Brexit

    Airbus will suffer following restriction due to Brexit

    Airbus Chief operating officer Tom Williams said in a statement that Washington would be more than happy if Airbus cannot seamlessly move people and products around the European Union. “We are entering a dangerous phase”, a senior executive warned while giving evidence to the Commons Treasury Select Committee, he added that the US would make…