Is London's Financial Powerhouse at Risk?

The transcript discusses the potential scope of a UK-EU deal, highlighting that it may cover various sectors beyond trade, such as security and transport. It also examines the impact of Brexit on the financial sector, noting the challenges of equivalence decisions and the movement of financial services out of the UK. The economic implications for the UK, including potential GDP and tax revenue losses, are also explored.

What impact has Brexit had on the operations of big banks in London?

What potential risks does the UK government face if a significant amount of business transfers out of the country?