Originally posted by the Voice of America.
Voice of America content is produced by the Voice of America,
a United States federal government-sponsored entity, and is in
the public domain.


UK Services Industry Sees Little Joy in Post-Brexit World

Associated Press

   Prime Minister Boris Johnson's decisive victory in last week's general
   election provided little comfort to Britain's once world-beating
   financial services industry, which has been battered by Brexit for more
   than three years.

   While Johnson's triumph buoyed optimism that he would end the country's
   long-running political stalemate, it virtually guarantees the U.K. will
   leave the European Union on Jan. 31 and starts the clock on efforts to
   negotiate a trade deal with the bloc by the end of 2020.

   As prime minister prepares to outline his government's priorities
   Thursday in a speech to lawmakers, the financial industry is seeking
   assurances that service businesses like theirs won't lose the
   unfettered access to European markets that has underpinned growth for
   more than four decades.

.