UK's Javid says finance sector is top priority as Brexit nears: source

  • 📰 Reuters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

British finance minister Sajid Javid told representatives of the country's ...

LONDON - British finance minister Sajid Javid told representatives of the country’s financial services industry on Monday that the sector was a top priority for him as the country prepares to leave the European Union, a person familiar with the discussions said.

Sajid said he was committed to close dialogue with the largest firms in the sector at the meeting, his first major encounter with the industry since he took over as finance minister in July, the person said.Brexit topped the agenda as the likelihood of Britain leaving the EU on October 31 without a deal with Brussels increases, a second source said.

Financial firms in Britain employ large numbers of EU nationals and the sector wants to continue having the flexibility to recruit internationally to remain competive. But industry representatives raised concerns about a potential “cliff edge” in December for derivatives trades worth billions of euros, the second source said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yes, let's state the obvious.

The Pakistani Dog of UK 👎🏻

That sounds like a terrible priority. There's no immediate threat to supplies of foreign exchange. There is an immediate thread to food supplies. Though that's likely to only impact people poorer than him and his friends. So that's ok then.

It's like our mother is on meth. 🇨🇦

Well it wouldn't be the NHS, drug supply or food.

Not someone to place your trust in but his statement is correct.

Oh that’s a relief Javid. So can we ignore the billions in assets, top talent and thouasands of jobs that have already fled London and the Brexit madness? Do what Dominic tells you to do and you’ll be fine. Don’t worry about the rest of us. StopTheCoup

of course his own finances

ПРОШЛИ

Remainers seriously need to ask themselves why the financial sector is so important with respect to Brexit which will will be a walk in the park compared with upcoming global financial events. Be careful what you ask for.

thats a mistake. finance is a parasitic industry that wouldn't exist in a righteous world

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines