In this Federal Trust video, our Council member Graham Bishop describes the growing risks to the City of London from Brexit. He contrasts the methodical approach of the European Union to building its Capital and Banking Union with the confused rhetoric of the British government. He concludes by warning that [...]
In this Federal Trust Briefing, financial expert Graham Bishop argues that three years after leaving the EU, there are no discernible signs of any benefits from Brexit for the UK financial sector. As the City's leaders are recognising with growing alarm, the City’s international standing is slowly sinking. Leadership seems [...]
In this video, our Council member, financial expert Graham Bishop, reviews the prospects for the City of London after Brexit. He argues that the British government's "Edinburgh reforms", designed to help the City, are little more than pro-Brexit propaganda. They will usually make little difference and in some cases risk [...]
In this Federal Trust video, the financial analyst Graham Bishop and the Chairman of the Trust, John Stevens, discuss the likelihood and the significance of the City of London losing its approximately €100 trillion Euro derivatives clearing business to the Eurozone by 2025. Among other implications, the loss of its [...]
In this Federal Trust video, our Council member Graham Bishop argues that the current controversy over central counterparties (CCPs) is symbolic of the difficulties facing the City of London after Brexit. The City will not lose its dominant position in this sector overnight, but the EU sees building up its [...]
The City is home to a multitude of businesses that support the financial markets. However, banking has always been at the City’s heart and, in recent decades, the clearing of derivatives has become central to both banking and securities markets. Pre-Brexit, these markets were also central to the European Union [...]
Our Council member Graham Bishop provides an update on the Brexit 'hit' to the City of London, following his recent and well-received blog and video conversation with the Director of the Federal Trust, Brendan Donnelly, on "Brexit: Ending the City’s Dominance of European Finance?". In this April video update, he [...]
In this new Federal Trust video, our Council member Graham Bishop discusses the consequences of Brexit for the City of London. He draws particular attention to the reduction of the government’s tax revenues that is likely to follow reduction of the City’s access to the EU market: You can [...]
The future of the financial services industry - centred in the City of London - matters enormously to the health of the United Kingdom’s economy. The Trade and Co-operation Agreement (TCA) has few provisions on financial services and the UK now appears set to drive a wedge between EU and [...]
Photo credit: European Union The smoke may be clearing from the opening salvoes in the Great Negotiation War and I happened to be in Brussels for a conference just after the `negotiations’ finished last week. My clear conclusion is that the UK is about to be sacrificed on the [...]
