Bankers may be given a cribsheet to help the industry push for close
ties with the European Union following Brexit, according to a document
drawn up for the organisation that promotes Britain as a financial
centre.
The document, reviewed by Reuters, points to growing concerns at the TheCityUK lobby group that its core messages on Brexit - that Britain must secure a transition deal and mutual market access with the EU or risk losing thousand of jobs - are getting muddied in the press and parliament
The document, drafted for a key TheCityUK working group on Brexit issues, refers to mounting concerns among members about the “prominence of ideas and proposals” that could undermine the financial sector’s “key messages and asks” on Brexit.
Bankers have warned that London’s future as a top financial centre and tax source depends on maintaining close relations with the EU after Brexit. However, the UK government is indicating it may seek a trade deal similar to the one between Canada and the EU, which leaves out financial services.
The document, reviewed by Reuters, points to growing concerns at the TheCityUK lobby group that its core messages on Brexit - that Britain must secure a transition deal and mutual market access with the EU or risk losing thousand of jobs - are getting muddied in the press and parliament
The document, drafted for a key TheCityUK working group on Brexit issues, refers to mounting concerns among members about the “prominence of ideas and proposals” that could undermine the financial sector’s “key messages and asks” on Brexit.
Bankers have warned that London’s future as a top financial centre and tax source depends on maintaining close relations with the EU after Brexit. However, the UK government is indicating it may seek a trade deal similar to the one between Canada and the EU, which leaves out financial services.
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