Reuters reporting on comments from TheCityUK lobby
- All alternatives to Britain's membership of the European Union are second best
- Brexit risks damaging the competitiveness of the City of London's finance industry
- Brexit would not be ruinous for the economy
- A bespoke financial services agreement between Britain and the EU was feasible, but its content would be uncertain, negotiations would take a long time and the bloc could end up treating Britain as a less-regulated "off-shore" centre
GBP not doing too much on all the Brexit gossip today. Earlier I had a report from UK tabloid The Sun: UK press reports the Queen backs Brexit
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TheCityUK is a lobby for Britain's financial services sector, these comments to Reuters from Chief Executive Chris Cummings
