Johnson’s government is united on Brexit, the City of London is not
Cracks are starting to appear in the UK financial hub with two clear routes in the offing
23 December 2019 - 12:20
Boris Johnson’s triumphant UK election victory makes Brexit a near certainty in January. For the City of London, Britain’s split from its biggest trading partner is a huge leap into the unknown; one that will test its cohesion like never before.
Banks, insurers and asset managers have spent billions preparing for their departure from the EU and have moved as much as £1-trillion in assets overseas since the Brexit referendum in 2016. ..
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