Brexit News

Lloyd’s of London Expects ‘Sobering’ Culture Assessment

LONDON — Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s chairman said on Wednesday as a rise in investment income drove a four-fold profit rise. In May the …

Shipping Firms Drop British Flag as Brexit Risks Loom

LONDON — Companies are leaving Britain’s shipping registry due to uncertainty over Britain’s departure from the European Union and future commercial arrangements with the bloc, industry officials say. All commercial ships have to be registered, or flagged, with a particular …

UK Merger Activity Expected to Drop Sharply

Mergers and acquisitions in the U.K. are likely to drop sharply this year amid uncertainty over Britain’s relationship with the European Union, according to research released Monday. The value of deals is expected to fall to $125 billion this year …