Liberal Burblings

Whatever the letter of the rules, the reality is that big decisions affecting Britain’s economy will now be taken in rooms in which Britain is not present and has no say. Soon, foreign-owned banks may wonder what sense it makes to be based in London, out on the margins. Cameron and his party are toasting what feels like a victory. In time, it may come to taste like defeat.

EU flags photo credit: Some rights reserved by dawe2k5

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