The UK’s vaccines are not the only victims of the EU’s approach to British successes. The EU is also in the process of using regulation and protectionist policies to control markets and take business from the UK’s global financial services. The signs are that the EU will continue, in the near future, to drag its feet on co-operating with UK financial firms on equal terms to facilitate equivalence-based access to the EU markets. […] EU vs the City | Wars of equivalence First, there is the question of financial services and products which EU law does not permit EU firms to access in the UK, such as the trading of EU shares or, potentially, Euro derivatives. […] Furthermore, the UK Government could help to embolden its firms to rely on these legal rules by itself passing legislation to reassure firms that, within its ambit, it would not seek to enforce any arbitrary decisions of EU regulators on British firms.
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