Britain must do everything to keep finance competitive after Brexit

LONDON - Britain’s government is committed to doing whatever it can to keep its financial sector globally competitive after Brexit, financial services minister John Glen said on Tuesday.

Britain is due to leave the European Union on Oct. 31 but it has yet to secure a divorce settlement with the bloc, the UK financial sector’s single biggest customer.Glen said there must be a “clear plan” to maintain the UK financial sector’s global success as it cannot be taken for granted. Bankers see the shift of some jobs and activities from the City to the EU as inevitable and one-way, whatever the future UK trading deal with Brussels.

Excellent financial planning offered here in Kampala Madame.

Then, no passporting rights.

Saving £39b in the first year should help! And then trade deals including the world's most influential superpower to keep NATO alive won't do any economic harm either! Anything else is defeatist and unimaginative in a major economy like the UK's compared to the EU average economy

Good one :).

Or they could just...not do Brexit.

Great idea.

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UK firms to cut investment by most in 10 years as Brexit drags on: BCCBritish companies look set to cut their investment by the most in 10 years in 20... Sounds like they need to get on with it already. We don't care, Brexit was never about more money, it was about restoring our freedoms and getting our sovereignty back. You don't understand what is being treated like a puppet from afar by people who care nothing about your well being. 🍀
Source: Reuters - 🏆 2. / 97 Read more »