Financial Services Industry

Part of Exiting the European Union – in the House of Commons at 12:00 am on 27th April 2017.

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Photo of Robin Walker Robin Walker The Parliamentary Under-Secretary of State for Exiting the European Union 12:00 am, 27th April 2017

We want to ensure that UK companies have the maximum freedom to trade with and operate in European markets, and to let European businesses do the same in the UK. Financial services is one area for which a bold and ambitious trade agreement will be sought, and we will continue to talk to the industry as we prepare for negotiations. The Government have made it clear that we believe implementation periods will be important to minimise disruption, and the industry has welcomed that. The great repeal Bill will prepare the ground for the UK’s exit so that on the day we leave there is as little disruption and as much certainty and continuity as possible. A strong, stable Conservative Government will be best placed to deliver that.