Brexit may benefit City of London in the long run, says top consultancy

Report of an analysis by Vicky Redwood, UK economist at consultancy Capital Economics, on the implications of the United Kingdom leaving the European Union on the UK's financial sector. She suggested that the short-term costs could be outweighed by longer-term benefits of agreeing bilateral deals with emerging markets.

• Primary Source

ESO: In Focus: Brexit - The United Kingdom and the European Union http://www.europeansources.info/record/brexit-the-united-kingdom-and-the-european-union/

ESO: Background information: Brexit and the City http://www.europeansources.info/record/brexit-and-the-city/

Website: Capital Economics https://www.capitaleconomics.com/

Business for New Europe: Press Release, 25.09.15: BNE responds to Capital Economics report about the impact of Brexit on The City http://www.businessforneweurope.org/bne_responds_to_capital_economics_report_about_the_impact_of_brexit_on_the_city

CAPX, 16.12.15: Leaving the EU is not easy, but at least it would give the UK options http://www.capx.co/leaving-the-eu-is-not-easy-but-at-least-it-would-give-the-uk-options/

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