UK Finance report urges deeper UK-EU financial services ties a decade after Brexit
By
@scottishlegal
Crusty in the right places. Worth the chew.
Summary
A decade after the Brexit referendum, UK Finance has published a report (produced with Freshfields) calling for deeper UK-EU financial services ties. The report, "Unlocking Growth Through a Stronger UK-EU Financial Services Partnership," urges both sides to prioritize the sector at the upcoming Leaders' Summit and within the wider political reset. It argues financial services are critical for growth, investment, and economic resilience. Based on interviews with banks, embassy representatives, think tanks, and trade associations, the report proposes a three-stage roadmap to strengthen the post-Brexit relationship.
Key quotes
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It argues that financial services are a critical enabler of growth, investment and economic resilience for businesses and consumers across both the UK and the EU.
Drawing on interviews with banks from the UK, EU and beyond, alongside embassy representatives, think tanks and trade associations, the report proposes a three-stage roadmap
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