In Brexit, as in many endeavours, setting out red lines is proving easier than coming up with new ideas. After the vote to leave, it has taken Britain over two years to publish a detailed proposal for a future relationship with the European Union.
Likewise, Danuta Hübner, a leading voice on Brexit in the European Parliament, has a clear idea of what kind of arrangement will not work for financial services. She is less forthright about possible alternatives.
“From the EU side, it is clear the m