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Will London Survive Brexit?

From project-syndicate.org

Brexit has set a hungry cat among the financial pigeons of the City of London. No one yet knows what kind of access to the European Union’s single financial market UK-based firms will have, and Prime Minister Theresa May’s call for a general election to be held on June 8 has further clouded the picture, at least in the short term. But there is a nagging assumption that things cannot remain the same, and that there will be a price to be paid for leaving the EU. So UK-based financial services firms, especially those that have chosen London as their European headquarters precisely in order to secure access to the whole ... (full story)

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