UK Soft Power

Part of Oral Answers to Questions — Foreign and Commonwealth Office – in the House of Commons on 14th May 2019.

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Photo of Adrian Bailey Adrian Bailey Labour/Co-operative, West Bromwich West

The UK-EU sanctions regime has largely been shaped by the UK’s pre-eminence in the European financial services market. Post Brexit, both will have separate policies. How does the Minister we can sustain our influence, particularly given the flight of the financial services industry to either Frankfurt or Paris?