The City may thrive despite Brexit, but the rest of us won’t | Simon Jenkins

With a ‘free port’ deal negotiated behind closed doors, the financial sector will be fine. Meanwhile, others face ruin

An iron law of modern British government says that whatever London wants, London gets. On Monday, with no fuss or publicity, the Bank of England and a group of City interests reached an apparently boring deal in Paris with the European Security and Markets Authority. It follows a similar deal with the European commission last December. Both state, in effect, that, as far as th...