Paul Watkins wrote:Surely the key word in the statement is “retained”. Not news worthy enough.
Did you read the article? The point was that after the initial surge in business towards Amsterdam, the LSE regained the top spot in June. However, that has now levelled out and it appears that the number EU trading house has gone back to our Dutch friends. In other words, it wasn't merely a temporary phenomonen.
Not newsworthy? Well, it means a considerably diminished revenue stream for the UK. If it had been said in 2016 that the LSE would lose out on euro denominated trading to the Dutch by 2021, I imagine you might have been shouting 'project fear' rather loudly.
