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The Story of Money

Financial services after Brexit

The Story of Money

Manuela Saragosa

Business, Crypto, Markets, Finance, Banking, Investing, History, News

4.4400 Ratings

🗓️ 9 December 2020

⏱️ 24 minutes

🧾️ Download transcript

Summary

The City of London is home to some of the world’s biggest banks and busiest exchanges but the UK is just weeks away from leaving the EU single market and many questions about access to the bloc are still unresolved. Philip Stafford, editor of FT Trading Room, and Stephen Morris, the FT’s banking editor, take a look at the future of financial services after Brexit.


Review clips: BBC News, CNBC, EU 27


Read more on the FT’s coverage of Brexit here: 

Brexit trade talks: the three big sticking points explained

Europe’s finance sector hits ‘peak uncertainty’ over Brexit


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Am I missing anything? Is this the right decision?

0:02.0

Could it be a alternative?

0:04.0

Am I too late?

0:05.0

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0:08.0

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0:11.0

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0:12.0

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0:14.6

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0:16.5

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0:21.1

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0:23.0

Clarity AI scaling human decisions through tech.

0:26.6

Visit clarity.

0:28.0

AI and take action today. As the UK wakes up this morning to discover it has voted to leave the European Union,

0:39.4

the future looks very different.

0:41.2

The UK voted to leave the European Union more than four years ago.

0:45.0

The unexpected result through currency markets into turmoil.

0:48.0

The pound fell to its lowest level since 1985 in Asian trading.

0:52.0

And the question of just how to unwind decades of integration

0:56.5

has been the subject of near constant debate.

0:59.8

It is clear that while there is broad support

1:02.0

for many of the key aspects of the deal on one issue

1:05.8

on one issue the Northern Ireland backstop there remains widespread and deep concern

...

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