China Putting Billions Into ‘Second Canary Wharf’

china-despite-brexit

Four of China’s biggest banks have given the go ahead to finance a £1.7 billion ‘second Canary Wharf’ for Asian business on a derelict old East End dock. Chinese investors are also on track to sink £4 billion into London property this year, beating the 2015 record by miles. The Remainers over at Bloomberg ask: “With Britain trying to hammer out the terms of its exit from the European Union and banks considering their options on the continent, is this the best time to start building a new financial district in London?” Well China think so…




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Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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