London finance chief upbeat after Brexit trigger

Peace and Freedom

AFP

© AFP/File / by Roland JACKSON | A person holds Union Flags near the Houses of Parliament in London, on March 29, 2017, after British Prime Minister Theresa May activated the process for Britain’s exit from the European Union

LONDON (AFP) – The outlook for London’s financial sector has improved since Brexit was triggered, insists the man charged with its policy, even as banks remain set to move some jobs abroad.

Mark Boleat, who spoke on Thursday to AFP after British Prime Minister Theresa May activated the process for Britain’s EU exit, nevertheless urged speedy trade talks to minimise disruption.

The signing of Article 50 of the Lisbon Treaty late last month has kick-started a two-year countdown to Brexit.

“On the whole, I think things are looking rather better,” Boleat said when asked about the impact on London’s financial sector, otherwise known as the City.

“We would hope that the…

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