While testifying before the Treasury Select Committee on Wednesday, the Governor of the Bank of England (BoE), Andrew Bailey, said markets were widely awaiting the Brexit deal the UK struck with the EU, Reuters reported.
Featured statements:
“Yes we are seeing that a certain number of financial services companies have to migrate to the EU. “
“Arounde 5,000 to 7,000 finance jobs have migrated to the EU due to Brexit“.
“It is important that we have open markets, I don’t see why people should want anything else in the EU-UK financial services trade.”
“We are sensitive to the UK and the EU being both transparent about changes to the financial services rules.”
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