Bankers: London Will Thrive Outside EU

despite-brexit-canary-wharf

Almost three-quarters of British bankers think London will still be the financial centre of Europe in five years’ time. The US financial services firm Synechron surveyed executives at British banks and found that 72% were optimistic. Add the fact that it would cost banks some £50,000 per employee to relocate staff away from London to the potential slashing of red tape after Brexit, bankers have decided to stick around. Guess how the media are covering this story?




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Quote of the Day

Philip Hammond uses a trip to Berlin to mock the Foreign Secretary:

“A compromise is the art of dividing a cake in such a way that everyone believes he has the biggest piece. Wise words with some applicability to the Brexit negotiations although I try to discourage talk of “cake” amongst my colleagues.”

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