“The UK economy shrank by 0.1% in March and economists expect further contractions this year.” https://www.cnbc.com/2022/05/31/sterling-is-taking-on-emerging-market-characteristics-bank-of-america.html?__source=sharebar|twitter&par=sharebar
“Politicisation of policy undermines pound as BoE flounders. Pound is third-worst-performing major currency this year.” https://www.bloomberg.com/news/articles/2022-05-30/sterling-risks-existential-crisis-with-em-parallels-bofa-says
Paris, Frankfurt and Dublin are most successful in luring roles from UK, say consultants More than 7,000 finance jobs have…
“More EU countries including France, Italy and Greece have said they would back a ban on Russia using the Swift…
“Large banks with international operations run from Ireland have seen a huge increase in their Irish balance sheets as a…
“The euro currency was introduced as cash on 1 January 2002. The single currency has mitigated the impact of external…
“Amsterdam ended 2021 as Europe’s top share-trading venue, holding its lead over London despite efforts by the British financial centre…
“It appears many European financial-service firms are not interested in continuing to be authorised in the City, as only half…
“Turkey is in the throes of an economic crisis with official inflation figures above 21%.” https://www.msn.com/en-gb/money/other/bulgarian-shoppers-find-bargains-in-turkey-as-lira-struggles/ar-AASaNal?ocid=st
EU Should Cut Dependence on U.K. Clearinghouses, ESMA Says https://www.bloomberg.com/news/articles/2021-12-17/eu-should-reduce-dependence-on-u-k-clearinghouses-esma-says