Brexit Can Herald a New ‘Golden Era’ for the City of London as a Global Powerhouse

On June 23, 2016, the British people voted to leave the European Union. Prime Minister Theresa May’s Lancaster House speech on January 17, 2017 then made it clear that the United Kingdom would opt for a hard Brexit: It would leave not just the EU, but also the European Economic Area, membership of which means accepting freedom of movement and the vast regulatory apparatus of the Single Market. Then on March 29, the UK invoked Article 50 of the Treaty on European Union, thereby giving formal notice of its intent to leave and triggering a two-year deadline that can be

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