Calamity averted or calamity deferred? The official figures for UK gross domestic product in the third quarter appeared to vindicate Brexit supporters who have argued consistently that leaving the EU would inflict little or no damage on the economy.
THE City of London is fretting about Brexit, especially about talk of a “hard Brexit” that takes Britain out of the European Union's single market.
The number of companies planning to float in London has slumped to its lowest level since 2012, with Misys, the banking software developer, the latest to pull the plug on what would have been the biggest ever technology listing on the UK markets.
Veteran employees of Barclays' investment bank must have been pawing the ground like old warhorses at the smell of cordite. Profits jumped �530m to �885m in the third quarter.
In the foyer of the Financial Conduct Authority's Canary Wharf headquarters stand a number of easels, containing a series of slightly expressionist paintings.