Political and economic affairs in the UK, USA and on mainland
Europe suggest that 2017 and the period beyond will be a time of
volatility and unpredictability.
In difficulty there is opportunity. In the immediate aftermath
of the Brexit referendum, many UK-based multinationals in the
financial services sector signalled their interest in moving part
or all of their existing and future operations to maintain access
to the EU's Single Market using the 'financial services
passport'. The potential windfall for this country, in terms of
revenue and job creation, is unprecedented.
Perception matters, however. Consider our closest neighbours:
there has been ongoing criticism of the British Government's
preparedness for Brexit and its post-EU future. Irrespective of
whether this criticism is warranted, Downing Street has seemingly
done little to reassure businesses and investors of the potential
opportunities ahead. We risk falling into the same trap when
wooing