In a speech held in Florence, UKPrime Minister Theresa May presented her vision of how the British government envisages the negotiations and its future partnership with the EU. An important part of this partnership will be redefined following the negotiations: the role of London as the most important financial centre in Europe.
This role will not, however, dissolve into thin air once the UK leaves the single market, but its role will change. This marks a major turning point with regard to the importance of the financial centres in the European Union. The question arises as to where key finance-related decisions for countries, enterprises and households in the EU will be made.