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The City is strong enough to ‘go it alone’ post-Brexit

There are six possible regulatory agreements the UK could pursue in its negotiations with the EU, but the seventh — no deal at all — is also an option

The City is strong enough to ‘go it alone’ post-Brexit
Photo: Luciano Lozano / Ikon Images / Getty Images

Whenever the issue of how to align UK regulations with those of the EU after Brexit is discussed, the financial services sector features prominently. So what sort of agreement should the UK pursue on behalf of the financial services community?

I recently gave evidence to the House of Commons International Trade Select Committee on the economic effects of trade policy. I submitted my paper, ‘Brexit and the City’, and discussed the following seven possible models.

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