HM Treasury affirms support for financial services post-Brexit

Sector 'crucial' in new relationship with EU

Laura Dew
clock • 2 min read

HM Treasury director of financial services Gwyneth Nurse has highlighted how the body is supporting the financial services sector in order to ensure it remains competitive after Brexit.

Speaking at the PIMFA annual conference, Nurse said the government was "committed" to ensuring financial services was protected as the UK begins the process of leaving the European Union (EU). There has been much speculation that London's reputation as a financial centre will be damaged by firms such as Goldman Sachs and Nomura choosing to relocate to Europe post-Brexit. "We are in a period of great change and financial services will be crucial in our new relationship with the EU," said Nurse. "The government will prioritise getting the best deal for the financial services sector. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

City minister backs plans to charge CMCs FOS complaint fees - reports

City minister backs plans to charge CMCs FOS complaint fees - reports

After new FOS case reports across sectors surged

Isabel Baxter
clock 08 November 2024 • 2 min read
Women in Financial Advice Awards 2024: Photos from the night!

Women in Financial Advice Awards 2024: Photos from the night!

Winners collected their awards at the WIFA 2024 ceremony on 6 November

Professional Adviser
clock 08 November 2024 • 1 min read
Feel Good Friday: SJP employees raise more than £210,000 for Nepal

Feel Good Friday: SJP employees raise more than £210,000 for Nepal

Partners and employees take on Nepal’s Annapurna Mountain Range

Professional Adviser
clock 08 November 2024 • 1 min read