Filippo Vergara Caffarelli

Cover story
The Brexit fallout

By all estimations, the UK leaving the EU would not make good economic sense for either side. Nevertheless, political considerations often trump common sense. Yet even in the political sphere, a divorce would not be simple.

United Kingdom
The City and Europe

The UK’s economic policy is at a crossroads. The role of its financial sector has been reassessed, and while recommended changes in the banking system have been applauded by the EU, Britain is as cool as ever to closer ties with the Continent.