UK Treasury looks beyond the EU for financial services ties |
Economic secretary to the Treasury and City minister John Glen says the UK is seeking deeper financial services ties with trading partners beyond the European Union to help the Square Mile thrive post-Brexit. “When it comes to developing a more open industry, we've been working hard seeking new international financial services agreements,” said Mr Glen. “We've already signed a number and we're continuing the financial services dialogues with other countries, including the US, New Zealand, Australia, Japan, Switzerland, Singapore, China, India and Brazil.” Mr Glen told the City Week conference: “While openness means deepening international relations, we think it also means improving our own domestic competitiveness too so that we can take full advantage of our new position on the world stage. And that means creating the right conditions for industry to thrive outside the EU.” |
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