News analysis

Britain, EU gear up for another fight over finances

Few were prepared for the speed by which the British capital appears to loosen its grip on the biggest share of Europe's financial industry.PHOTO: AFP

LONDON - British politicians always knew that London's predominance as Europe's biggest financial centre would be challenged the moment Britain left the European Union.

Yet few were prepared for the speed by which the British capital appeared to loosen its grip on the biggest share of Europe's financial industry.

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