City of London is hosted by the UK on behalf of both Europe and the world

Jeremy Browne, Special Representative for the City of London to the European Union

How will the dominant position of the City, as the financial centre in Europe, change with regard to Brexit?

Most people in the City of London wanted Britain to stay in the EU, but I think we also expect that London and Britain will be leaving and there will be some adjustment. However, I am still very confident that London will remain the indispensable global financial centre in the continent of Europe, even outside the EU. We believe that a strong London is in the interest of a strong EU and a strong Europe, providing a valuable service to the wider European economy and we will continue to do that. The City is a highly international centre, there are people working in the City from the EU27 countries, as well as from the US, Japan, Australia and other countries, and sometimes I think the City of London is hosted by the UK on behalf of...

Continue reading on: