• The Bank of England has cut its growth forecast for 2017 and 2018 and has warned that the economy is likely to remain “sluggish”
• A recent study shows that the UK could lose up to 40,000 financial services jobs due to Brexit
• Eight countries, including Ireland submit applications to host the European Banking Authority (EBA)
• Royal Bank of Scotland (RBS) is reportedly looking at Amsterdam as its EU base
• European Central Bank warns banks to step up preparations for Brexit
• UK will not commit to the Brexit bill by the EU summit in October, says David Davis

Read all of our Brexit updates on the dedicated Brexit section of our website www.charteredaccountants.ie/brexit.