EU poised to lock Britain out of its banking market, Andrew Bailey warns

  • 📰 The Telegraph
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Bank of England Governor Andrew Bailey has warned that the EU is poised to lock Britain out of its vast banking market

Bank of England Governor Andrew Bailey has warned that the European Union is poised to lock Britain out of its vast banking market, in a move that would push up the cost of finance for millions of consumers on both sides of the Channel.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wow... Brexit not working out is it? If only someone had of warned you....😒

Which you were warned about before the referendum

That's what happens when you've voted yourself be in the third world division 🤣🤣

TrEU colours. So glad we’re out! 😃

Excellent news. The city of London is the money laundering & financial crookery capital of the world. The BOE has singularly failed to reform and modernise it since 2008 and financial crime has done nothing but grow exponentially since then :)

You can also explain to the bacon reading you that in order to provide servises within the EU you need to have the headquarters in an EU country. That gets you the business passport. If not then you trade the same way every third country does. The UK lost its passport on 1/1/2021

Let me think! Could it be competition?

Brexiters are so funny 😂 Wasn't this what you voted for? 😂

You did this, you rag. Own it.

We left! Get over it Remoaners!

Third country status woo hop. But those black passports are lovely though

YOU pushed this mantra for nearly 5 years now. Who knew when you shouted,' Leave means leave!', it meant exactly that you eejits!

Having been a staunch champion of the UK leaving the Single Market you must be oh so proud ... wait, what you're complaining the EU is booting us out of the Single Market🤦‍♂️

I cancelled my Sky subscription. Now they've locked me out from all their programmes and channels, the bastards.

I think you’ll find Britain sorry England locked the whole of the uk out of the the market

The usual emotive presentation of an inevitability of Brexit.

'Lock Britain out'? That's not true. We left!

Who could have for seen this? Also do you know viruses can mutate? Who fucking knew.

another achievement delivered by BorisJohnson michaelgove Nigel_Farage TiceRichard etc.....

It's still a very hard pill to swallow for them, that the UK opted to leave their glorious establishment......................oh dear how sad nevermind! 🤣🇬🇧

No. The UK has locked itself out. This is Johnson’s deal, which you were glorifying just six weeks ago.

We locked ourselves out, by voting for a man that prioritised a vague concept of sovereignty over real businesses and real jobs.

Looks like Ursula von der Leyen is conducting herself more like a spoiled brat than president of the EU. sourgrapes

We locked ourselves out. We chose to not be in the SM/CU anymore. Our choice. Our consequence. Brexit means Brexit.

The EU is the superpower next door who is about to make an example of us.

The EU cutting off its nose to spite its face again.

BorisJohnson signed a one sided trade Treaty without mention of services. Naive.

And the EU has every right to do this. Tories shitting on Britain day after day

Brexit means brexit lads... What did you think was going to happen? Project fear! Project fear!

The EU is a hostile foreign power and its time we started to treat it as such.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 41. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines