London's financial powerhouse says: we'll thrive without EU access but can't be rule takers

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London's financial powerhouse says: we'll thrive without EU access but we must be nimble

LONDON - London’s loss of some financial business due to Brexit has not been catastrophic and the world’s premier international financial capital will thrive even if the European Union “irrationally” blocks access, the City of London said.

“We are very confident in London’s basic strengths and that we will make up business elsewhere,” McGuinness said. “No matter what happens, London will continue to thrive.” London’s Brexit job losses so far to the EU were around 7,500, McGuinness said, still at the low end of the range predicted by investment consultant Oliver Wyman which said in 2016 that London could shed 65,000 to 75,000 jobs in a sector that employs a million people.

New York retained the top spot in a survey of global financial centres published in September by Global Financial Centres Index, with London strengthening its position in second.

 

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Nimble?

Trump hasn't been jailed yet?

She don't look that strong. Probly can't even bench her own weight. Nope. Not a good sign.

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