UK gets set for battle to defend City from EU bank union

Author: Pete Jackson | Category: News

Author: Pete Jackson

The PM and Chancellor are drawing up battle plans to defend the City of London’s status as the world’s leading financial centre, to counter the threat that the  powerful 17 country euro bloc will  determine ‘banking union’ rules rules in favour of Paris and Frankfurt at the expense of the UK.

David Cameron’s looking for some safeguards  for the city at a 2 day summit beginning tomorrow

More.. UK Independent

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