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The London skyline from Canary Wharf

Britain kicks off post-Brexit 'transformation' of finance

British financial regulators will have to promote the global competitiveness of the country's financial sector, though a plan for more government oversight of their work has been put on hold for now, finance minister Nadhim Zahawi said on Tuesday.
Flags of Great Britain and the European Union

Brexit will cost UK workers 470 pounds a year, study predicts

Britain is becoming a more closed economy due to Brexit, with damaging long-term implications for productivity and wages which will leave the average worker 470 pounds ($577) a year poorer by the end of the decade, a study forecast on Wednesday.