UK Gets Tough On Europe

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As a nation we have not always been noted for ‘sticking up for ourselves’. However, recent reports suggest that the UK will be taking legal action against the European Central Bank. This is because of a planned change to European banking rules that will more than likely harm the City of London. Whilst we have managed to avoid the majority of the overriding concerns surrounding eurozone debt issues, our collateral involvement on the continent means that we are committed to certain regulations that inevitably drags us in at certain points (repeating yourself?). This is a debate I will leave you as the reader to discuss over your family dinner or supper (depending on where in UK you’re from).

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