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Will the City of London Remain Europe's Main Financial Centre After Brexit?

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EU-UK Deal Comes at Price for London, But Brexit Benefits May Exceed Expectations, Observers Say

EU-UK Deal Comes at Price for London, But Brexit Benefits May Exceed Expectations, Observers Say © REUTERS / POOL Subscribe Sputnik International https://sputniknews.com/uk/202012241081563180-eu-uk-deal-comes-at-price-for-london-but-brexit-benefits-may-exceed-expectations-observers-say/ After months of rocky negotiations, the United Kingdom and the European Union have reached a post-Brexit trade agreement, with British Prime Minister Boris Johnson calling it a good deal for the whole of Europe and EU chief Ursula von der Leyen lauding it as fair and balanced . International observers have weighed the pros and cons of the deal. The deal was struck just a week before the UK s official separation from the 27-member bloc, prompting European businesses to heave a sigh of relief. We have taken back control of our money, borders, laws, trade and our fishing waters , Number 10 announced in an official statement. We have got Brexit done

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Emerging-Market Bears Are Hard to Find After $5 Trillion Advance

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Will COVID-Related Recession & Brexit Cripple UK Economy and Raise Unemployment?

Will COVID-Related Recession & Brexit Cripple UK Economy and Raise Unemployment? © AP Photo / Matt Dunham Sputnik International https://sputniknews.com/uk/202012161081482582-will-covid-related-recession brexit-cripple-uk-economy-and-raise-unemployment/ UK job cuts have hit a record high in the three months to October: unemployment leapt by 241,000 taking the jobless rate to 4.9 percent, as Bloomberg reported on 15 December, citing the Office for National Statistics. British observers have discussed the economic prospects for Britain amid the pandemic and looming no-deal Brexit. The UK government expects the unemployment rate may reach 7.5%, which would mean that 2.6 million people could lose their job amid a potential no-deal exit from the European Union’s single market and a spike in coronavirus cases.

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