More Brexit pieces via Reuters, this time on remarks from a British financial services lobby group (TheCityUK promotes Britain's financial services sector abroad)

  • Any binding Brexit transition agreement is unlikely before the first quarter of next year
  • Too late to stop some banks in London from pressing the "relocate" button
  • Britain's financial sector is concerned that, with EU divorce talks bogged down by failure to agree the UK's exit bill, time is running out for a transition deal that would be of any use to businesses.

Here is the full piece from Reuters for more detail