Business Standard

No sleep till Brexit: the city scrambles to deal with quitting the EU

With five months left to go, there are still many possible outcomes, including a snap election and the installation of Labour Party firebrand Jeremy Corbyn in 10 Downing Street

Brexit, City of London
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The prospect of severing 45 years of regulatory integration in one fell swoop has jolted the world’s biggest international finance hub

Edward Robinson | Bloomberg
As soon as Justin Urquhart Stewart arrived at his office on the morning of Oct 18, he huddled with his money managers and research chiefs. This was supposed to be a big day in the run up to Brexit. 

UK Prime Minister Theresa May was supposed to make progress with European Union leaders on the last outstanding terms of Britain’s departure from the bloc on March 29. And financial institutions such as Seven Investment Management LLP, a London-based firm Urquhart Stewart co-founded 17 years ago, were supposed to finally get some clarity on a process that’s thrown their industry off balance

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