City firms may lose ‘prized’ EU access, says French Bank chief
London’s big finance firms risk losing their privileged access to the EU, prompting big banks to move operations outside the UK, it is claimed. BBC News – Business
London’s big finance firms risk losing their privileged access to the EU, prompting big banks to move operations outside the UK, it is claimed. BBC News – Business
The pound hits its lowest level since 1985, tumbling more than 10%, its biggest ever one-day fall as the strength of the leave vote emerged. BBC News – Business
City of London dealing rooms will be alight on Referendum night as firms brace for what could be the most dramatic trading day since the shock of Lehman Brothers’ collapse. BBC News – Business
Government borrowing fell slightly in May compared with the same month a year ago, according to official figures, but it was still higher than expected. BBC News – Business
The chief executive of French energy giant EDF Energy writes to its UK staff outlining what he says are the benefits of continued EU membership. BBC News – Business
A UK exit from the European Union could mean the UK misses out on up to 5.6% of GDP growth by 2019, the IMF warns in its annual economic outlook. BBC News – Business