Is Cameron's Veto bad for City in the long term?

The video discusses Cameron's focus on protecting the UK's financial interests, particularly in the City of London, against potential EU regulations. It highlights the UK's significant role in the EU's financial services industry and the disproportionate impact of any changes. The transcript also critiques the Eurozone's structure and discusses the political implications of Cameron's actions. Additionally, it addresses the UK's resistance to EU plans like a financial transaction tax.

What political move is Cameron taking regarding Britain's interests?

What is the significance of Cameron's rejection of the treaty mentioned in the text?