People walk with skyscrapers in the City of London financial district seen behind in London, Britain, March 16, 2023. REUTERS/Toby Melville
"What I feel is that there is no overarching vision and strategy for UK financial services," Chris Hayward, the City of London's policy chairman, told Reuters. The sector, which accounts for 12% of UK economic output, was largely cut off from the European Union by Britain's departure from the bloc in 2020.
Any bets it will involve foreign billionaires getting lovely big tax loopholes. Even Russian ones. Especially Russian ones.
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