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Warning - London could lose status following Brexit

London At Night

London’s financial lobby group warned that the city’s status as the world’s pre-eminent financial hub could be undermined if the U.K. loses the right to sell its services freely within the European Union as doubts mount over Britain’s ability to retain full access to the trading bloc.

Standard Chartered profits dive 46%

Standard Chartered Shanghai Towers at night

Standard Chartered's share price has jumped even as it reported a 46 per cent fall in profits and said it was not yet ready to reinstate interim an interim dividend.