Thousands of Bankers to Leave London as the Financial Sector Braces for Brexit

After British Prime Minister Theresa May’s speech on Tuesday, January 17, it became clear that Britain is headed for a hard Brexit. Among the points discussed by the British leader, she outlined that her cabinet will push for leaving the European single market. Analysts have suggested that this move could potentially trigger uncertainty and pose challenges for London’s finance industry.

Deglobalisation: Should we be worried?

Globalization is the process of interrelating and integrating people, ideas, companies, and governments across the world. Globalization efforts are sustained by free moving trade, high levels of investment and labour migration among nations. Since 1950, the volume of world trade has gone up twenty times and foreign investment doubled to $827 billion. Subsequently, living standards […]