Ad
Contrary to the expectations of the Treasury, Bank of England and international forecasts, the UK economy did not take a hit in the six months following the referendum. (Photo: EUobserver)

Brexit Briefing

City sounds Brexit siren, but who’s listening?

When the bosses of a country’s most lucrative industry tell politicians that their policies risk thousands of job losses, they expect to get an immediate reaction.

On Tuesday (10 January) Douglas Flint, chairman of megabank HSBC, told MPs he was worried about a negative outcome of the Brexit negotiations for the international banking industry based in London.

"The economic system (in London) is like a Jenga tower," he told MPs. "You don't know what will happen if you pull pieces o...

To read this story, log in or subscribe

Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.

Already a member? Login
Contrary to the expectations of the Treasury, Bank of England and international forecasts, the UK economy did not take a hit in the six months following the referendum. (Photo: EUobserver)

Tags

Ad

Related articles

Ad
Ad

Latest News