Another rejection...

[darmstadt]

Dear John....

https://uk.reuters.com/article/uk-br...-idUKKBN1FK15D

[BlasterBates]

The UK holds all the cards, they'll cave.

[BlasterBates]

Jacob Rees-Mogg leads the charge for a real Brexit deal

Three cheers for the Mogg.

[Eirikur]

Don't worry, we have a strong and stable government

[NotAllThere]

Don't worry, we have a strong and stable government

Well, we have a stable govern...

well at least a governme... er...

Oh dear.

[northernladyuk]

The city types can retrain in the jam sector.

[chopper]

Always worth remembering that lots of EU financial firms trade in the UK under passporting rules, as well as companies based in the UK trading in the rest of of the EU. And indeed more EU firms trade in the UK, than UK firms trading in the EU.

So is the EU really trying to take away UK customers from EU firms?

[northernladyuk]

Always worth remembering that lots of EU financial firms trade in the UK under passporting rules, as well as companies based in the UK trading in the rest of of the EU. And indeed more EU firms trade in the UK, than UK firms trading in the EU.

So is the EU really trying to take away UK customers from EU firms?

TheUKholdsallthecards2.0

[meridian]

Always worth remembering that lots of EU financial firms trade in the UK under passporting rules, as well as companies based in the UK trading in the rest of of the EU. And indeed more EU firms trade in the UK, than UK firms trading in the EU.

So is the EU really trying to take away UK customers from EU firms?

No. The EU is trying to entice those EU firms to set up their base within the EU instead of (or complementary to) their U.K. counterparts.

UK customers will still be customers of the firm, just of the UK subsidiary rather than the main office, and shouldn’t see any practical difference (apart from any change to customer rules themselves, now that the U.K. is a third country).