EU citizens in Britain

The Trader

EU citizens in Britain

Last night at a leaders’ meeting in Brussels, after the monkfish and before the coffee, PM Theresa May announced plans as to how Britain would treat EU citizens currently living on these islands. The broad outline is that anyone who has lived here for five years has the right to remain and benefit from all the usual things a British person might expect. Chancellor Merkel said the proposals were ‘a good start’.

Japanese investment banks Daiwa and Nomura have recently decided to make Frankfurt the headquarters for their EU operations leading some newspapers to crow at their skill/luck. Meanwhile today Sueddeutsche zeitung reports that German giant Allianz will cut 700 jobs in the country over the next three years, part of an overall cull of 1300 staff.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now