UK Brexit minister Davis with a speech in parliament 20 Oct
- govt view is settled on "right" Brexit
Blimey, we've had "hard Brexit", "soft Brexit" and now we've got "right Brexit"
- banks need access to single market
- govt considering all options
- have to treat stability of City and European financial markets as central to what we do
- govt will do anything necessary to ensure financial sector stability
Including keeping close tabs on Carney & Co it would appear.
- securing regulatory equivalence for euro-clearing is one of our major aims
Labour lawmaker Kier Starmer asks Davis when govt Brexit plans will be presented to parliament and gets little by way of reply.
Meanwhile GBP going nowhere in a hurry. GBPUSD 1.2267 EURGBP 0.8948
Brexit minister Davis having a fist pumping moment
