Perhaps not in the Daily Mail, but good coverage in the FT/Torygraph/Rueters etc.....
I did manage to find a reference in the DM, amongst the 'peachy derrieres, chiseled abs, and killer cleavages' - although it was basically the Rueters article.
I get the impression that it is a mutally beneficial arrangement and time limited, rather than the EU being unable to live without us, and gives the EU more time to ultimatelt shift out of the London Stock Exchange.
The announcement will come as a relief to the LSE as it avoids the need to serve notice on EU customers in September to shift their positions out of Britain by the end of the year, a complex and costly undertaking for banks at short notice.
The LSE, which had no immediate comment, clears the bulk of euro-denominated interest rate swaps and EU policymakers want the activity moved to EU rivals like Eurex in Frankfurt. Time-limited access will put pressure on banks to move positions from London.
