Financial Times: ‘The UK government has told the financial services industry that Britain will seek to develop a distinct regulatory framework from the EU after Brexit in an effort to secure a long term competitive advantage for banks, fund managers and insurers’
One can only assume this means less regulation for them here than elsewhere, a 21st century version of Maggie’s Big Bang (kids etc). I’d guess the message will be, if you want your big bonuses back, boys, come to London. Oh-Jeremy-Corbyn might have other ideas, though.
