Threat to UK bank accounts

Advice from the UK about a ‘no-deal’ states that Britons in the EU “may lose the ability to access existing lending and deposit services.”

However the UK Treasury was unable to provide further clarification.

The wording is mixed with references to potential problems with pay-outs from UK-based insurance policies and private pension annuities paid by insurance firms (see the Brexit section of our website). This is due ...

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