Published on Oct 27, 2016
As
the UK celebrates the 30 year anniversary of the Big Bang, David Buik
looks at how the financial landscape has changed. He says the future of
London’s financial markets after Brexit is ‘all about negotiations’, and
that there are ‘wonderful deals to be done if there is a proper
attitude’. Buik thinks exchange controls, LIFFE market, Big Bang and
global IPOs are all examples of London’s financial prowess.
He says because regulation has been tightened up, the UK is in a better position than anywhere else in the world. 30 years from now he thinks the ‘UK will have lost some of its business but not to Europe, to the US.’ He also explains why he is more concerned about political ramifications than Brexit.
He says because regulation has been tightened up, the UK is in a better position than anywhere else in the world. 30 years from now he thinks the ‘UK will have lost some of its business but not to Europe, to the US.’ He also explains why he is more concerned about political ramifications than Brexit.
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