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| I don’t think there are ‘efforts’ to lure businesses away from London. More like businesses in London trying to preserve their profits and executive bonuses. | |
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From the link
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| Hubertus Väth, the chief executive of the marketing group Frankfurt Main Finance, told the FT that moving euro clearing from London to Frankfurt was “on top of our priority list from the very first day after the Brexit referendum”. | |
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Frankfurt Main Finance, the association to promote the Frankfurt Main region as a global financial centre
Source