financial infrastructure

Publication date: 10 May 2016 | Publication type: National Institute Economic Review | Theme: Exiting the EU & Britain after Brexit | Authors: Armstrong, A | JEL classification: E52, E58, F33, F36, G00, G01 | Journal: National Institute Economic Review Issue 236 | Pages: 31-38 | Publisher: Sage Publications, London
This paper examines whether EU membership enhances or diminishes the UK’s financial sector stability, and therefore its prominence in global finance. The UK is host to the largest share of financial services in the EU, despite being outside of the Eurozone. An important reason is that, as a member...