Certainly, when Brexit goes through, many will need to figure out where to move thousands of jobs. Many finance institutions have only until Friday to tell the Bank of England how they plan to deal with the changes that a hard Brexit will cause. And at the moment, many eyes appear to be on Dublin….
Author Archives: Derrik Brunner
All Eyes on Google
Google is in for an awakening, according to The New York Times. The European antitrust officials are preparing to slap Google with a record fine by the end of August. Margrethe Vestager, the EU’s competition chief, is in the final stages of ruling on the case. In addition to a fine of at least $1.2…
Cash Influx for MHL Civil
The Glasgow civil engineering firm MHL Civil has recently been awarded a £300k working capital facility to improve its cash flow. The funding was delivered by IGF, the SME commercial finance provider. They will now be able to complete large scale installations and commit to important projects. MHL Civil constructs utility projects including electricity and…
Could Luxembourg Be the Next European Financial Center?
With the UK making plans to leave the EU trade bloc, many European countries are vying for the chance to be the financial center of choice for the EU. Here, Luxembourg’s finance minister Pierre Gramegna discussed why his country is ready to take on this role.
Swedes Moving to Portugal
It’s always fascinating to see where people flock to for fun and relaxation. Swedish baby boomers and retirees are heading to Spain, where at the moment there are almost 100,000 permanent residents from Sweden. But beyond Spain, Swedes are setting their sights somewhere else surprising – and that’s Portugal. The number of Swedes in Portugal…
The Rediscovery Centre in Ireland: A Place Worth Seeing
The Rediscovery Centre in Dublin is the place to be. In addition to their many other items, they have a café being launched by Green Kitchen, the Walkinstown social enterprise that employs people who have learning disabilities. They also have an eco-shop that sells restored and reconditioned bikes, eco-fashion and more. They have renewable technologies…
Staples Selling Its European Stakes
Staples has announced that it will be selling a controlling stake in its European business to the private equity firm Cerberus Capital Management LP. They will sell it for 50 million euros ($53.65 million). The European unit for Staples includes retail, contract and online businesses that are in 16 countries. They generate an annual sale…
Best MBA Programs for Entrepreneurs
If you’re a budding entrepreneur, you just might want to move to Spain to complete your MBA. Analysis of full-time and executive MBA alumni who graduated in 2013 from ranked schools shows that Spanish MBA programs are some of the best for entrepreneurs. In June, FT published a list of the top full-time MBA programs…
Karen Ward Becomes Advisor to Philip Hammond
In recent news, the British finance minister Philip Hammond has appointed HSBC,’s Karen Ward to advice him as the country breaks away from the EU. Ward joined HSBC as an economist in 2006 and eventually became the bank’s chief European economist last year. Hammond has previously said that he’s worried that the EU has a…
Brexit Causes Some to Look to Dublin
Agents who are working in Dublin have noticed a jump in inquiries since the UK voted to leave the EU. Law firms, insurers and asset managers appear to be quietly checking out their options in order to establish a greater presence for themselves inside countries that aren’t leaving the bloc. As Saker Nusseibeh, Hermes’ chief…
