Following the Brexit vote, Frankfurt is hoping to replace London as Europe's financial capital. Analysts say that even if a power shift is possible, London is unlikely to give up its preeminence in the sector.
The UK Parliament has narrowly approved a bill that would limit government tax-raising powers in the event of a no-deal scenario. The government said it would make no difference to Britain leaving the EU on March 29.
After last week's resounding defeat for her Brexit proposal, Prime Minister Theresa May was back before lawmakers to present her plan for the way forward. It focused on the border between Ireland and Northern Ireland.
German companies are closely following all developments that might give them an idea of exactly how the United Kingdom will leave the European Union. Soft or hard Brexit — that's the question yet to be answered.
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