Brexit Minister Davis says there will not be a mass migration of financial services activity from the city of London because of Brexit

Market news

12 April 2018

Brexit Minister Davis says there will not be a mass migration of financial services activity from the city of London because of Brexit

Says free trade needs a champion at the moment
The trade argument with the EU will not be around tariffs, but will be around regulation
The benefits of the city of London are so enormous that the critical mass of financial services will not leave after Brexit

UK lenders see rebound in demand for mortgage lending in next 3 months, expect supply to remain steady - Bank of England

German economic upswing continues but at a slightly weaker pace - Economy Ministry

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