Brexiters: "Let's just sign any old Brexit deal. Financial services can wait until next year. It's not as if the City is going anywhere."

Banks and exchanges: "Click [Transfer] button. Done."

And just like that, London lost its crown for stock trading, derivatives trading etc.
So that's stock trading, swaps (derivatives) trading, swaps clearing, carbon trading, assets and jobs, all draining away from the City due to Brexit.

At some point, a billion pounds here, a trillion pounds there, it all starts to add up to real money...

But the fish are happy!
You can follow @uk_domain_names.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.