Chaotic BREXIT More Likely and Risk of “Death By A Thousand Cuts” For London
– “Chaotic” Brexit more likely after Davis, Johnson resignations from UK government – London's rivals are slowly carving chunks out of its financial services business – UK's Brexit options are increasingly unappealing which may pressure the pound – Already Frankfurt, Paris, Luxembourg and Dublin seeing more foreign direct investment and financial services jobs – Risk of “death by a thousand cuts” for London, it's financial services industry and its property market? Source: EY via Bloomberg That Giant Sucking Sound is Post-Brexit London Losing Out The U.K. capital's rivals are slowly carving chunks out of its business. by Mark Gilbert of Bloomberg [...]