British Prime Minister Theresa May said on Tuesday that the government was not planning for a general election.
"We are not preparing for another general elections. It wouldn't be in the national interest," she told a news conference in the Norwegian capital with her counterparts from Nordic and Baltic countries.
The Dutch financial markets authority (AFM) said on Monday it was preparing for a 20-fold increase in financial trading taking place on its infrastructure in the event that Britain leaves the European Union in March with no deal in place.The AFM said that while banks are shifting operations to Frankfurt and Paris, and asset managers to Luxembourg and Dublin, trading houses are converging on the Netherlands as an alternative to London after Britain leaves the bloc."While border and customs negotiations are attracting attention, there is a fairly invisible shift taking place in European capital markets," it said in a statement."The AFM is conducting conversations with more than 150 parties that are interested in a (Dutch trading) license."AFM Chairwoman Merel van Vroonhoven said she expected 30-40 percent of European trading in financial instruments will wind up being housed in the Netherlands, making it the centre of EU financial trading.
Netherlands prepares to be EU financial trading hub after Brexit
The Northern Irish party which props up British Prime Minister Theresa May said it will back the budget but could oppose the government in future if a Brexit deal indicates Northern Ireland is to be treated differently to the rest of the United Kingdom."To date we haven't seen the outcome of the Withdrawal Agreement so it would be reckless of us to oppose the budget on the basis of something we haven't seen," Sammy Wilson, Brexit spokesman for the Democratic Unionist Party, told the BBC."However... they shouldn't take for granted just because they get the budget passed that they can do whatever they want with Northern Ireland," he said. UK needs Brexit deal to end austerity: HammondUK budget and Bank of England take back seat to Brexit dramaTechnical Brexit talks are ongoing, says UK PM's spokeswoman
N.Irish DUP says will support UK PM May's budget