Brexit

City’s hopes for equivalence vanish as Brexit optimists ‘living in dreamland’

Executives question the UK government's efforts to secure post-Brexit financial services access to the European Union

One of the Bank of England's most senior executives has all but quashed hopes of a meaningful Brexit deal for financial services
One of the Bank of England's most senior executives has all but quashed hopes of a meaningful Brexit deal for financial services Photo: Getty Images

One of the Bank of England's most senior executives has all but quashed hopes of a meaningful Brexit deal for financial services. The City wasn't holding its breath anyway.

Many finance executives have started to question the UK government's efforts to secure post-Brexit access to the European Union as the clock ticks down to the March deadline of agreeing terms crucial for the future of the City.

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