Andrea Orcel, the president of UBS’s investment bank, has said that the Swiss bank will “definitively move” some of its staff from London to a country within the European Union following the UK’s vote to leave the currency bloc.
He explained that if the UK and the EU did not reach any sort of transition deal on Brexit, then some of his staff in London would have to move as soon as the UK government invoked Article 50, the legal procedure to leave the EU.
Ms May announced the UK would leave the single market — though attempt to maintain the "greatest possible access" to it — while forging a "bold" trade deal with the EU and similar new agreements around the world.
The Adventist Development and Relief Agency (Adra) which distributes approximately 700 meals daily in the northern Paris camp states that it is noticing a spike in new migrant arrivals this week, potentially linked the the Calais 'jungle' camp closure - with around 1000 meals distributed today Immigration officers deal with each member of the public seeking entry into the United Kingdom but on average, 10 a day are refused entry at this London airport and between 2008 and 2009, 33,100 people were detained at the airport for mainly passport irregularities Following the possibility of a Brexit the UK would be released from its renewable energy targets under the EU Renewable Energy Directive and from EU state aid restrictions, potentially giving the government more freedom both in the design and phasing out of renewable energy support regimes NFU Vice President Minette Batters with Secretary of State, Andrea Leadsome at the National Farmers Union (NFU) took machinery, produce, farmers and staff to Westminster to encourage Members of Parliament to back British farming, post Brexit The latest reports released by the UK Cabinet Office warn that expats would lose a range of specific rights to live, to work and to access pensions, healthcare and public services.
The same reports added that UK citizens abroad would not be able to assume that these rights will be guaranteed in the future A British resident living in Spain asks questions during an informative Brexit talk by the "Brexpats in Spain" group, about Spanish legal issues to become Spanish citizens, at the town hall in Benalmadena, Spain The U.K.