EU politics make UK decisions difficult

Technical Focus

According to several sources, EU Commission officials are currently focusing their attention on discussions with treasury and finance ministry officials in various member states, rather than with the industry. Says one industry official: "The process has reached a point where the Commission is dealing with the organ grinders, not the monkeys. Or, as the FSA would probably put it, the politicians rather than the people who know what is going on technically."

This may be in part because the key

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