Brexit puts financial trade tax on ice as banks start plans to relocate

Brussels

A SIX-YEAR push to impose a tax on financial transactions in Europe may have run its course, with Germany and France dragging their feet as they prepare for Brexit and a redrawing of the financial map that has already begun.

French Finance Minister Bruno Le Maire said earlier this month that Brexit could bring "thousands of jobs to Paris", an opportunity that could be lost if the tax were imposed. His German coun…