Brexit won't lead to 'Bank'xit - Evening Standard

Oct 20, 2016, 11:56 AM

Ever since PM May said she would trigger Article 50 by March 2017, the talk of major banks exiting London for Paris/Frankfurt has gathered pace.

Tip TV’s Nick Batsford talks to Simon English, Senior City Commentator at Evening Standard, who makes a compelling case in favor of banks staying in London despite Brexit. English makes strong of arguments…but the stand out one is when he states the taxes are substantially higher in France, Germany.

After watching this segment, viewers would get a clear idea on whether such fear mongering is just smoke and mirrors and low on substance.