Downing Street slated the EU for snubbing the UK's call for financial service 'equivalence' today as Amsterdam overtook London as Europe's biggest share trading hub. No10 blamed that for the bombshell news that more European shares are now being traded in Amsterdam than London. However, new figures laid bare the impact of Brexit on London, showing that Amsterdam surged to become Europe's main share trading hub last month. Mr Bailey said: 'The EU has argued it must better understand how the UK intends to amend or alter the rules going forward. Asked whether the UK risks being cut off from the EU financial system, he said: 'I think that would be a mistake.

Source: Daily Mail February 11, 2021 00:09 UTC