Commentary: Brexit’s impact on London coming into focus after a few gloomy years

 Commentary: Brexit’s impact on London coming into focus after a few gloomy years

LONDON: Nearly five years after the Brexit referendum, and in the five months since Brexit itself, the debate about the future of the City, the financial center of London, has remained a dialogue of the deaf.

Those who voted in June 2016 to leave the European Union believe, whatever the evidence to the contrary, that the impact will be minimal, and that the warnings of job losses and business relocation are exaggerated.

Remain voters are programmed to think the opposite and, whatever the evidence to the contrary, forecast gloom and doom. What can we learn from what has actually happened?

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DEVELOPMENTS TODAY NOT REFLECTIVE OF BREXIT’S FULL IMPACT

We have to acknowledge, first, that COVID-19 has confused the picture mightily over the last 18 months.

People have not found…

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