City of London Braces for a Post-Brexit Squeeze

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Britain’s financial sector presents a dilemma for both sides in U.K.-EU trade negotiations

LONDON—Britain’s hulking financial sector presents a serious dilemma for both sides in the U.K.’s coming trade negotiations with the European Union. Whatever the outcome, British-based financial institutions are preparing to see their access to the trade bloc heavily curtailed after Brexit.

EU governments have sought to lure financial business from London almost from the moment the U.K. voted to leave the bloc in 2016. But some worry that if they cut off London too abruptly, they may lose access to services that only London...

 

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UK is already in better shape & it’s not even fully exited. Trade deals w the rest of the global players. It won’t need the eu, eu is desperate.

a lot of the idiot UNIS there are bracing themselves you don't have to brace your themselves anyone who's got any money to spend all the other countries in Europe will come on their knees to take the money from US they only care about money

Squeeze? Is that what you call the EU getting on its knees before the UK BEGGING for financial help?

😃😃😄😄

I'm not sure what the point is here.

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