Osborne And The Big Banks – UK Financial Markets, The City, Will Thrive After Brexit

‘One things people worry about is how well will The City, the wholesale financial markets in London, do after Britain leaves the European Union. The dire warnings are that by being outside the European system of financial regulation then the markets will be disadvantaged. The more cheerful view is that by being outside the European system of regulation then they will thrive. It has to be said that I take that second view: the idea of being free of those idiot regulations from Brussels should be making market participants ecstatically happy.
And so it is with Osborne and several of the big banks today saying that they don’t see any reason why The City won’t thrive:’
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