The City’s top financial watchdog has said there is no reason why financial services should be excluded from a post-Brexit free trade agreement between the UK and the EU.
The EU recently proposed a single trade agreement with the United States, so there is no reason it cannot have one with the UK post-Brexit, according to the chief executive of the UK’s Financial Conduct Authority (FCA)
As many people suspected, and as is becoming more and more obvious, the UK, with its sweatshop economy, weak productivity and huge trade deficit, is going to find itself in very chilly waters after we leave the EU