financial services

A visit to France’s financial heart showed cherry-picking the City already underway. But even those set to gain would rather UK stay in EU.

The 26-page outline agreed by May and EU is much worse than our current deal with EU. And it’s so vague we don’t know how bad it is yet.

Brexit deal for financial sector would mean endless rule-taking. Expect May to apply this miserable template across economy.

Reducing access to EU services markets would cost £20bn a year in lost tax. Talk about Brexit dividend ahead of Monday’s Budget is nonsense.

Future UK trade deals will be undermined by the tactic of trying to separate goods and services exports in EU negotiations

Bank of England and Treasury are clashing on City regulation post-Brexit, with the Bank worried we’ll be turned into rule-takers.

If we quit with no deal, contracts written under EU rules may be invalid. State pensions for expats may also no longer be inflation proofed.

Financial services firms are being kept in dark on Brexit. If they want concerns heard, messages must reach voters - not just EU capitals.

Financial services firms need to deal with long-term derivative and insurance contracts. A transition will help but it must be “bankable”.

EU’s banking and medicines regulators moving from London, and Chinese attempts to nab Airbus wing manufacturing, are more Brexit blows.

Theresa May’s chaotic Brexit is already upturning people’s lives and livelihoods. Here’s a round-up of the latest grim news.

Without deal by year’s end, banks will trigger contingency plans. Given state of Tory party, it would take miracle to meet that deadline.