Friday, 30 December 2016

LLOYDS BANK TO SET UP UNIT IN THE EU

After Lloyds of London insurance brokers we now learn that Lloyds banks is to create a separate unit somewhere in the EU in order to maintain access to the single market (HERE).  I think we can take it as read that they won't be the last.

The London-based lender is targeting either Germany or the Netherlands for the unit, according to the Financial Times.  It is this sort of news that might, just might start some people beginning to realise that brexit holds no good news for our future and they may think again about leaving.

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