The regained sovereignty of the UK over its lands, waters, courts and laws, with Brexit doesn’t come without a price and terminating the membership to the EU club will have consequences. These will be felt particularly hard in the sector of financial services, which make up for the biggest exporting service sector in the UK. The loss of passporting rights in Europe does not mean tout court though that Europe is closed to international business and that no other avenues for cross border access to the single market in Europe are available.
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