Flight of financial activity from UK likely in 'hard Brexit' - ECB's Lane

LONDON (Reuters) - There is likely to be a significant flight of financial activity out of Britain if companies are no longer regulated on equivalent terms to those in the European Union after Brexit, European Central Bank council member Philip Lane said on Friday.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-eu-ecb-lane-idUKKCN12S0SO?feedType=RSS&feedName=topNews