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London ‘Thrown to the Lions’ as Brexit Finance Deal Unlikely

  • Growing signs of trading, assets and people moving to Europe
  • London’s long-standing advantages may help soften Brexit
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Is London's Financial Powerhouse at Risk?
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The golden age of the City of London began with a big bang. It’s ending with a whimper.

Fears that the finance powerhouse that emerged from Margaret Thatcher’s 1986 deregulation -- known as the Big Bang -- will gradually be dismantled have deepened with a recent flurry of announcements about some business heading to the European Union as Britain enters the last month of the Brexit transition period without a financial-services deal in sight.