Tel. +44 (0)20 7287 4414
Email. info@brugesgroup.com
Tel. +44 (0)20 7287 4414
Email. info@brugesgroup.com
The Bruges Group spearheaded the intellectual battle to win a vote to leave the European Union and, above all, against the emergence of a centralised EU state.
The Bruges Group spearheaded the intellectual battle to win a vote to leave the European Union and, above all, against the emergence of a centralised EU state.
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Bruges Group Blog

Spearheading the intellectual battle against the EU. And for new thinking in international affairs.

The Swiss Stand Firm Against the EU Bureaucracy

Swiss-and-EU
Switzerland and the European Union have begun open financial war with each other as the EU tries to force the country to sign the proposed Framework Agreement covering all aspects of the country's relations with the EU. The EU has been forced into a hardball approach to Switzerland because with Brexit still unresolved it cannot afford to be weak. I...
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Why we Should be Focusing on AI post-Brexit

AI
​ Artificial Intelligence is certainly an area of focus post Brexit, the sector of AI was worth around $1.2 trillion as of around 2018 with predictions from Zdnet.com estimating the growth of the AI business values to around $3.9 trillion by 2022, that's a huge amount for any sector; this roughly equates to a forecasted prediction of just over £3 t...
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United States of Europe

The EU is not a market, it is a political project of becoming a single European state, the United States of Europe, as the powers-that-be in the EU have always wanted it to become. The three founding fathers of European union all called for a single European state. Konrad Adenauer said, "My dream is that one day we might be able to applaud a United...
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Dragi doesn’t understand how the bond markets are dangerous

Author:CATHERINE BLAIKLOCK Would you like to lend to the German government and get paid a grand total of 0.43% a year for 10 years? Or how about lending to the French government and getting 0.73% or to the Spanish government at 1.35%? An annual yield of 1.35% a year, lending to Spain and you are invested for 10 years. Doesn't sound very good, does ...
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Rest Assured: There Will Be a Brexit Trade Agreement

​Bruges Group director Robert Oulds assured the possibility of a Brexit trade agreement in an interview with Jeremy Naylor on IG.com.  It was one of the many issues discussed during last Friday's broadcast. Topics ranged from the cost of other trade agreements, need for deregulation, lower taxes, and passporting rights.  The term "hard Br...
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​Passporting: Concerns & Realities

The crown of UK is its financial services sector: buying and selling across the EU and the world.  Now, fresh fears about the backbone industry of London are on the rise. EU's chief Brexit negotiator Michel Barnier announced last Monday that firms based in Britain will lose their "passporting" rights post Brexit.  A "passport" allows fina...
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Financial Services and Brexit

​Project Fear scaremongered more about financial services than anything else during the EU referendum campaign and this scaremongering has unfortunately continued after the Brexit vote. Remoaners and soft Brexiteers (those who want us to remain members of the European single market after Brexit) now tell us that the reason why there was not an imme...
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Protecting the City of London After Brexit

For the City of London membership of the European Union is a double-edged sword. Here the Bruges Group explains how this important industry can thrive after Britain leaves the EU.

30th November 2016
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Coming with EU membership is, for what it is worth, full access to the single market in services. Whilst this market is far from complete; being part of it, also known as the European Economic Area, is one of the ways Britain can have full unencumbered and automatic access for the sale of services into the EU. This right, that does not require setting up a subsidiary in the EEA nor the need to gain authorisation from each single market state, is known as passporting.

 

The ability of British based financial institutions to trade with countries on the continent is clearly a great benefit to the economy. At the same time, the EU’s reticence at making trade agreements, an exclusive EU competence, with emerging markets around the world that include access to their services markets is holding the UK back. EU membership has meant that Britain could not make agreements that allowed our great strength, the services industry, to fully engage with other markets around the world. Instead of looking at the enormous opportunities that Brexit presents, the debate so far has focused on the risks of losing access to the EU’s single market.


 

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