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World

The EU's threats against London have been exposed as bluster

12 November 2021

2:33 AM

12 November 2021

2:33 AM

Francois Hollande could hardly have been clearer in his intentions. In the immediate aftermath of the 2016 vote that took the UK out of the European Union, the French president was adamant that the City of London would have to lose one of its most important strategic assets, the right to clear trades denominated in euros.

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