London could lose EU euro clearing role

London could lose EU euro clearing role

The European Union has revealed a draft law to give it the power to move the lucrative euro clearing business out of London and keep it in the EU after Britain leaves the Union in 2019. London currently processes three-quarters of the trade in this financial sector, providing thousands of … More

Source: Russian Trade Delegation

SHARE
Previous articlePay squeeze intensifies as wages growth falls further behind inflation
Next articleОб инциденте не севере Лондона
Slava Jefremov is an entrepreneur, marketing & communications expert with a flair for technology. He is helping WRF to grow digitally by writing columns sharing his experience and promoting dialogue between businesses operating in UK and Russia.