Should Boris block EU fishing ship until shellfish ban is overturned
LONDON will maintain its central role in the world of finance, as an expert outlines how the City has huge influence, on EU markets even after Brexit.
Brexit has sparked debate surrounding, the future of the City of London in recent months as the EU and UK clash over financial services. Some were concerned when Amsterdam, overtook London as Europe’s biggest trading centre earlier this month.
On top of this, in January around £5billion of EU share trading left London, for other European capitals. Mayor of London Sadiq Khan has today published an analysis, of the Government’s Brexit trade deal from a London, perspective by the Centre for Economics and Business Research.
He said: “Whichever way you slice it, the Government’s Brexit trade deal was the equivalent of a ‘no deal’ Brexit for financial and professional services, and our businesses now face a costly red tape mountain, caused by the UK having to trade with the EU as a ‘third country.’”
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