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No bank is obliged to give anyone facilities if it doesn’t wish to – the same as if Farage was barred from a pub or banned from a shop, writes Sean O’Grady.
In our series looking at life after Brexit, James Moore asks whether London’s financial centre can weather the economic storm.
Brexit was always going to be a recipe for the long-term decline of London as a financial centre Any ideas that suggested otherwise were ludicrous.
Half a decade after the referendum, the economic hit to the UK caused by Brexit is becoming clearer. But it will be years before the true impact is understood
Dublin was been chosen as the most desirable place for jobs from London’s financial district, as 135 firms have relocated business to the Irish capital because of Brexit, according to new research.
Trade has plummeted and red tape has blocked our borders. Is that what ‘protecting our sovereignty’ meant?
The City of London’s chief coping mechanism for dealing with Brexit’s threat to the financial services business is to dismiss the loss of jobs and investment as a trickle rather than a flood.
HSBC, Barclays, Lloyds and NatWest have strong capital buffers but their exposure to U.K. consumers and Brexit is taking a heavy toll.
Mark Carney and other financiers seem to think London can do business as usual without playing by the EU's rules. This is confidence bordering on complacency.
Don't count on the delay to Britain’s departure making life any easier for the City of London as it prepares for a new regulatory reality.