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What would an EU deal on financial services look like?

With European hostility at an all-time high, don't bank on a fair agreement

By Andrew Hilton  

As a significant hub of financial expertise, the EU will struggle to match the potential of the City © ROBERTHARDING/ALAMY STOCK PHOTO

From my apartment, I can see Canary Wharf spread out like the view of Lower Manhattan from Brooklyn Promenade. Until a year ago I used to tell Remainer friends that there were at least a dozen cranes hard at work, defying those who predicted the post-Brexit death of London as a financial centre. Today, I can see just one. I ventured into the City this morning. Leadenhall Market reminded me of the bleak Texas town in The Last Picture Show. Next week, there will be tumbleweed.

But it isn’t down to Brexit. It’s Covid. Die-hard Remainers don’t see…

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