In Dickens’ era it was the price of coal that drove despair. In today’s Britain it is natural gas prices and lack of fuel for vehicles. And lack of abattoirs for pigs. And uncertainty over stocks of certain goods in supermarkets. And so on.
However, in the field of finance, the ghosts of Christmas past arisen include renewed focus on the future of euro clearing, and the recent pronouncements by the FCA in the UK and the European Securities and Markets Authority in Brussels about their key objectives in the coming year. More divisions between the single market and the UK look likely.
01.10.21 By the light of the candle
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