Tag Archives: lose

London to lose $900 billion to Frankfurt due to Brexit, German finance group claims

Boris Roessler | Picture Alliance | Getty Images The skyscrapers of Frankfurt’s banking metropolis. London is predicted to lose up to 800 billion euros ($909 billion) of assets by March next year, as banks move their business operations to other hubs before Brexit takes place. Lobby group Frankfurt Main Finance (FMF) released the figure last week, which it calculated based ... Read More »

We all lose out when politicians ignore what business leaders have to say

Businesses aren’t being heard in today’s political discourse CREDIT: REUTERS There may be little public sympathy for senior business leaders who complain that the voice of business is not being heard. However, the absence of this voice in today’s political discourse – which in turn means that business’s messages are not cutting through on Brexit, for example, or on the UK’s economic ... Read More »

FTSE underperforms as RBS and Lloyds lose ground

Britain’s top shares index edged lower on Monday as a fall in the shares of Royal Bank of Scotland (RBS.L) and its rival Lloyds (LLOY.L) weighed on the overall market. The blue-chip FTSE 100 index .FTSE was down 0.2 percent at 6,879.42 points by the close, retreating from a 2.2 percent rise on Friday that pushed it up to a ... Read More »