A strong rise in the value of the pound and predictions that it could make up all of its lost ground since the 2016 referendum have got Brexiteers’ juices flowing. The currency’s march has been helped by other factors, most notably receding expectations for a Scottish independence vote, but there is no doubt that the UK’s vaccine success and opening up of the economy is contributing to a sense that Britain is on the up. In the City, where Brexit has proved to be a challenge of complex reorganisation compounded by a lack of interest from politicians, the tone among senior figures is equanimity, partly because there has been so much else to contend with in the past year. As Noel Quinn, chief executive of

Source: The Times May 11, 2021 15:56 UTC