Ze City

[AtW]

Brexit uncertainty forces City to shift £800bn worth of assets to the EU

Brexit uncertainty forces City to shift GBP800bn worth of assets to the EU

[DimPrawn]

Brexit boosts EU countries, investment, lots of well paying jobs moving to EU countries.

You guys should be selling a hard Brexit at every opportunity based on these "facts".

[Zigenare]

Brexit uncertainty forces City to shift £800bn worth of assets to the EU

Brexit uncertainty forces City to shift GBP800bn worth of assets to the EU

The £800bn comes from asset managers moving EU customer assets out of UK funds and banks booking assets through a European hub instead of a UK one.

And what? It makes sense.

[AtW]

And what? It makes sense.

It does indeed

[darmstadt]

But why? What is the reason for this? Has something cataclysmal happened that will affect the City?

[Old Greg]

But why? What is the reason for this? Has something cataclysmal happened that will affect the City?

Project Fear has been talking down the economy and the defeatists have taken fright.

[AtW]

But why? What is the reason for this? Has something cataclysmal happened that will affect the City?

Ze City will be left to manage the UK assets...

[Old Greg]

Ze City will be left to manage the UK assets...

Jam, tea and biscuit futures.

[Platypus]

Jam futures.

So, you're saying that Brexit will be jam tomorrow?

[Old Greg]

So, you're saying that Brexit will be jam in 50 years' time?

Jacob's crackers.