ALEX BRUMMER: In a battle pitting Anglo-Saxon capitalism against EU, London was always going to win
The battle for financial sector leadership post-Brexit was always going to be won by the City. Inevitably, banks, financial firms and asset managers would set up parallel passport arrangements in Europe, with Luxembourg, Dublin, Frankfurt and Paris gaining jobs. Reality is that in a battle pitting Anglo-Saxon capitalism against the rule-based and risk-averse EU approach … Read more