London’s financial services sector is the UK’s golden goose, driving its economy as Britain’s traditional manufacturing sector has been allowed to steadily decline.
Protecting the City, and its status as Europe’s financial centre, will lie at the heart of British PM Theresa May’s negotiating strategy. Even so, London financiers are among the most nervous Britons in the uncertain post-Brexit world.
The potential loss of "passporting" rights is the elephant in the room for business...
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Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.