Seems to be some sort of news blackout around this. £80bn of city revenue to fund public services drifting away.
On "May 30, an important part of London’s influence in the European financial world quietly slipped away. The EBA closed its [London] office. There was no press release, no news report, only a statement on its website giving its new address ... in Paris"
More job cuts and loss of influence as Brexit uncertainty leaves The European Banking Authority with no choice other than to pack its bags and depart the UK.
The European Banking Authority leaves London. More jobs lost. More taxes lost. More influence lost. Brexit is leaving Britain poorer. Let’s #StopBrexit and fund our NHS instead.
"I’m not sure even greater dominance of financial services in the U.K. economy, and even more wealth for London, is quite what most Leave voters had in mind. But I am beginning to think it might be what they get."
The European Banking Authority Leaves London via
On May 30th, an important part of London’s influence in the EU financial world quietly slipped away. The European Banking Authority (#EBA) closed its London office. There was no press release, no news report. Today, June 3rd, it re-opens in Paris. #Brexit
The European Banking Authority Leaves London
The European Banking Authority has left London. reflects on the implications.