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Saturday, February 03, 2024

SURPRISE! CITY OF LONDON IS NUMBER ONE GLOBALFINANCIAL CENTRE DUE TO BREX-SHIT

The Shitty of London was at the heart of the global financial crisis of 2007/8 and after with its infinite rehypothecation. The EU subsequently imposed new regulation on banks to reduce the risk of another crisis. 

But The Shitty of London escaped those new regulations because of Brex-shit, and is now the number one financial centre in the world!

And the Tories removed the cap on bankers' bonuses.

As the report linked to below says:

As the UK marked four years of freedom from the stifling grip of Brussels rule in the EU last week a major new report by the Corporation of the City of London revealed how Brexit has helped the UK maintain its position as number 1 in the world for financial services.

According to the report London came top again and maintained its lead over it main rival New York because it has been boosted by Brexit freedoms to deregulate and introduce lighter touch rules.

 See : Remainers humiliated again as London capitalises on Brexit as world's top financial centre

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