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