Even the banking insiders agree that London will be just fine. As to North sea oil, at current prices it is barely breaking even, Scotland has a worse deficit to GDP ratio than Greece and is currently subsidized by some CAD 25 billion/year by the other areas of the UK. The author praises Norway, with the drop in oil their economy is not doing very well and they are using up past oil revenue savings. Oh guess who their biggest single country trading partner is, the UK. The author is correct less than 1/2 of UK trade is with the EU, he fails to mention that the UKs biggest single trading partner is the US. How come no one talks about the difficulty the EU will have trading into the UK where it holds a 100 billion Euro trade surplus. The German economy is in for a big shock and a huge rise in unemployment if no deal is made. Also as of today Spain has just done May a huge favour by raising the Gibraltar issue, even the remoaners now aligning behind her.