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Contrary to the expectations of the Treasury, Bank of England and international forecasts, the UK economy did not take a hit in the six months following the referendum. (Photo: EUobserver)

Brexit Briefing

City sounds Brexit siren, but who’s listening?

When the bosses of a country’s most lucrative industry tell politicians that their policies risk thousands of job losses, they expect to get an immediate reaction.\n \nOn Tuesday (10 January) Douglas Flint, chairman of megabank HSBC, told MPs he was worried about a negative outcome of the Brexit negotiations for the international banking industry based in London.\n \n"The economic system (in London) is like a Jenga tower," he told MPs. "You don't know what will happen if you pull pieces out."...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Contrary to the expectations of the Treasury, Bank of England and international forecasts, the UK economy did not take a hit in the six months following the referendum. (Photo: EUobserver)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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