Funny, that. If you were to spend too much time listening to the Brexit debate, you might be forgiven for thinking that the City is facing a catastrophe while Frankfurt is poised to boom, or at least to seize vast amounts of business from London.
Chancellor Philip Hammond says the initiative was 'introduced with a specific purpose that has now been successfully achieved'.
'Real concerns': Sadiq Khan wants clarity over the roles overseas money plays in London's housing market. Photograph: David Levene for the Guardian.
The UK's competition watchdog has launched a probe into price comparison sites, which are an increasingly popular way of shopping for energy, broadband, insurance and credit cards.
British currency slides against major crosses after Bank of England says mortgage market showing signs of cooling. Gaurav Sharma. By Gaurav Sharma.