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Stay in the EU, and London becomes the world’s indisputable financial centre

Britain has been world-leading when it comes to financial standards. If we stay in, we can become it's unquestioned financial centre, too

By Will Hutton   August 2018

A view of the City of London at night, from Blackfriars Bridge. Photo: Richard Gray/EMPICS

Inside the EU and with Trump as US president, London will have the chance to assume world leadership in the full array of financial and business services. The crisis showed that financial systems are only as strong as their weakest link.

Trump’s rolling back of the hard-won Dodd-Frank reforms again exposes US finance to endemic conflicts of interest and a multiplicity of undercapitalised banks undertaking business that they are not equipped to do.

This…

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