Last week's rather under-stated 'Edinburgh Reforms' will pave the way for a major step forward in the UK's contribution to global financial services. In what Mark Austin describes as a 'Darwinian evolution', this broad set of regulatory changes not only frees the City from decades of living under the European Union umbrella of directives, but also continues with measures to ease over-reaction following the 2008 financial crisis.
Background Music: 'The New Order' by Aaron Kenny
