UK fin min Hammond out with a statement 7 March

  • financial services is an area where UK and EU can and should collaborate closely
  • we expect transition period to be formalised at March meeting
  • fin services are not a zero sum game
  • fin servs a sector that is impossible to replicate
  • Brexit deal based merely on precedent shows no breadth
  • we can do much better than CETA and TTP on fin servs given UK/EU starting position
  • UK can not be a rule taker on fin servs

Hammond sabre rattling with the EU largely still not listening.

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