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Brexit Britain’s great financial question

Out in the global financial markets, where would a post-Brexit Britain fit?

By Jay Elwes   November 2018

London's financial district: but outside the EU, where would it fit in?

As Anneliese Dodds, the shadow Treasury Minister, says in the November issue of Prospect, it would be a shame if Brexit led to a bonfire of financial regulation. It’s a sharp point, especially when you consider how many leading Brexiteers—Nigel Farage, Jacob Rees-Mogg, Douglas Carswell—along with the Leave campaign’s financial backers, have City backgrounds. 

It’s ironic then that, as Nicky Morgan points out, also in our November issue, Brexit could end up weakening the City and that…

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