Making the best of Brexit for the EU27 financial system | Bruegel

Financial market center

Financial market center (Photo credit: Wikipedia)

This is an important article from leading European think-tank Bruegel. It suggests that the EU27 needs to upgrade its financial surveillance architecture to minimise the financial market fragmentation resulting from Brexit.

Source: Making the best of Brexit for the EU27 financial system | Bruegel

If I worked in the UK financial services industry I would be worried and focused on improving my language skills and looking for an opportunity to get an EU passport.

Whilst Theresa May is peddling military equipment to the Middle East, one of the UK’s most important industries is facing uncharted risks. Surely, there’s an urgent need for some serious strategic analysis?

Thoughts?

Why it’s advantage EU ahead of Brexit negotiations | World Economic Forum

English: Official logo of the World Economic F...

English: Official logo of the World Economic Forum. (Photo credit: Wikipedia)

Tough negotiations lie ahead between the EU and UK, but Europe is best placed, argues Jacob Funk Kirkegaard in this excellent article published originally by leading think-tank, the Peterson Institute for Economic Affairs.

Source: Why it’s advantage EU ahead of Brexit negotiations | World Economic Forum

The conclusion should worry the British people, namely:

Europe is headed for a tough negotiation in which Britain has few good cards to play

So given the uncertainty and risks ahead, the UK needs a safe pair of hands in its next prime minister to unite party, country and deal effectively with European allies – this must be Theresa May. By comparison, Leadsom is lightweight, divisive, with zero cabinet office experience.

Expect financial markets to react favorably to May as UK PM but a Leadsom win will certainly trigger a new free fall.

Thoughts?