Who should be more humiliated: The City of London for losing €6 billion of daily trading volume in European shares on day one after the transition into a real and hard Brexit, or the EU for only being able to recapture that core financial market activity thanks to the UK unloading both barrels into its own feet?
The shift looked remarkable for being so complete and so sudden, and became the perfect story for the first week after the UK became a third country to the EU.
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