Singapore-on-Rhine

Ironically, Brexit is encouraging EU27 markets to look at deregulating some parts of their economies. Germany’s Volker Bouffier, vice chair of Merkel’s CDU, for example, is reviewing labour laws in a bid to encourage bankers to move there. We expect to see a more ‘Anglo-Saxon’ model in some sectors on the continent – though the absence of a British brake on statist intervention will be felt more keenly elsewhere. 

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