About: City of London Archives

  • Brexit will destroy the City of London as we know it

    Opinion | Brexit 27-08-2014

    Should the UK vote to leave the EU in a future referendum, the decision will have far-reaching and damaging consequences for London's financial sector, writes Sajjad Karim.

  • UK exemption from EU bank rules ‘illegal’, lawyers say

    News | Brexit 17-06-2014

    Exempting Britain's banks from planned European Union rules to curb risky trading would be illegal, the bloc's lawyers said on Monday (16 June) in a legal opinion that marks another setback for UK attempts to limit Brussels' influence on the City.

  • EU exit is bad for business, says UK lobby group

    News | Brexit 28-04-2014

    A British exit from the European Union could wreck London's position as the only financial centre to rival New York and isolate the country's economy, research ordered by a lobby group for banks and money managers showed.

  • EU’s Reding warns Brexit would isolate London’s City

    News | Brexit 18-02-2014

    London's financial services centre would lose access to the wider European Union should Britain quit the bloc, the EU's justice chief said on Monday (17 February), warning that such a move would reduce its status to that of an offshore centre.

  • EC on the UK-EU row over banker bonus cap

     Video | Promoted content | Brexit 26-09-2013

    Britain has launched a legal challenge to the European Union's cap on bankers' bonuses which London fears will hurt its financial industry.
    Capping bankers' bonuses in the EU has been on the European Commission's agenda since the onset of the financial crisis.
    Under a deal struck by MEPs and EU member states in 2010, bonuses could be capped at 30% of their bankers' salaries, rising to as much as 20% for higher salary bands.
    EU rules on compensation are enshrined in proposed amendments to the existing Capital Requirements Directive.

  • Britain sues EU over banker bonus cap

    News | Brexit 26-09-2013

    Britain has launched a legal challenge to the European Union's cap on bankers' bonuses which London fears will hurt its financial industry.

  • UK wins legal backing on EU’s short-selling ban

    News | Euro & Finance 13-09-2013

    Britain has won backing to curb the power of the European Union market watchdog to ban short-selling in a boost to a campaign against the concentration of financial regulation in Brussels at the expense of the City of London.

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