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London news: City s trade volumes five times larger than whole of EU combined | UK | News

LONDON has been overtaken by Amsterdam as Europe s largest share trading centre - but trading volumes in the capital are still five times larger than the whole of the EU combined, a think tank has claimed.

U K firms find Brexit reality involves more red tape and less control

Feb 15, 2021 London – As the new year made Brexit a reality, Tony Hale encountered the pitfalls of Europe’s redrawn political geography. Specifically, he confronted the need to extricate 53 tons of rotting pork products from administrative purgatory at a port in the Netherlands. For more than two decades, Hale’s company had shipped pork to the European Union without customs checks, as if the United Kingdom and the continent across the water were one vast country. With the U.K. now legally outside the bloc, exporters have suddenly had to navigate inspections, safety regulations and a bewildering crush of paperwork. For Hale, incorrectly prepared documents meant sending five containers full of pork to an unplanned final destination: the incinerator.

Boris Johnson announcement LIVE - PM to reveal who gets covid vaccines next after hailing unbelievable jab rollout

Boris Johnson announcement LIVE - PM to reveal who gets covid vaccines next after hailing unbelievable jab rollout
thesun.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesun.co.uk Daily Mail and Mail on Sunday newspapers.

Square Mile wobbles as European share trading goes Dutch

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London s status as a financial centre isn t as secure as some might think

London s status as a financial centre isn t as secure as some might think Dan Davies © Provided by The Guardian Photograph: Amer Ghazzal/REX/Shutterstock The past year of all our lives has been defined by people failing to understand exponential processes. It’s slightly worrying, then, to hear financial professionals in London saying the amount of business that’s shifted to European financial centres since Brexit is not that big. Nearly everything is small to begin with. The trouble is that things grow. In itself, as William Wright from the New Financial thinktank says, the fact that Amsterdam has overtaken London in terms of equity trading volume is unlikely to make much difference to anyone’s profit and loss account (or a country’s tax-take). Measuring trading volume is in any case something of an abstract concept, which these days depends more on the way in which computer algorithms split up orders to get the best price, than the actual amount of b

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