Brexit Negotiations

Debate between Baroness Evans of Bowes Park and Lord Blackwell

Monday 11th December 2017 Lords Chamber

[Baroness Evans of Bowes Park]

We are absolutely focused on getting a good outcome that works for both the UK and the EU. We believe it is in both sides’ interests to do that, but yes, we have a duty to plan for the alternative, as any responsible Government would.

[Lord Blackwell (Con)]

My Lords, the House will note my particular interest in financial services. I welcome the Statement. Will the Government pay particular attention in phase 2 of the talks to the benefits to both the UK and the European Union of continuing trade in financial services and the role that the City of London plays as an asset for the whole of Europe?

[Baroness Evans of Bowes Park]

Yes, we most certainly will.