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City warns London s finance crown at risk if UK doesn t offer digital Sterling : CityAM

City warns London s finance crown at risk if UK doesn t offer digital Sterling : CityAM
cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.

EU s self-destructive row with London could put City at top of global financial industry

| UPDATED: 11:51, Wed, Feb 24, 2021 Link copied Brexit: City of London backed to thrive by Daniel Hodson Sign up to receive our rundown of the day s top stories direct to your inbox SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Brexit negotiations with the EU started up again in January, with talks on financial services. After months of fraught talks, new rules for trade were finally agreed on Christmas Eve, just days before the end of the transition period. However, in a document spanning over 1,200 pages, there was very little mention of financial services: a sector that accounts for seven percent of the UK’s economy and 10 percent of its tax receipts.

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