This chart from Financial times shows the very pie (London clearings) that every European country is looking to take a bite of, after the Brexit.
UK's Brexit minister said that it is a government priority to keep that business in London. If they fail it would be one of the direct cost to the UK economy.


Trump Unveils $3 Billion U.S. Critical Minerals Push
Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan
German Bund Yields Hit Three-Week Low as Energy Prices Ease and ECB Outlook Softens
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data
US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise
China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade
Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow
US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets
Asian Stocks Slip as AI Rally Fades, Oil Holds Steady on Iran Peace Deal Hopes




