Oral Answers to Questions

Anna Soubry Excerpts

Tuesday 10th January 2017 Commons Chamber

[Alok Sharma]

Our heart goes out to Billy Irving’s family and all those involved. I raised this matter with the Minister of External Affairs and the Indian Foreign Secretary when I visited India in October. My right hon. Friend the Prime Minister also raised it with Prime Minister Modi. We are pressing for speedy due process to take place. As the hon. Lady knows, we await the outcome of the appeal process.

[Anna Soubry (Broxtowe) (Con)]

My right hon. Friend was an outstanding Mayor of London. During his time, he was the first to champion the City of London and a believer of the value of the single market. Will he assure us that, in his meetings with the incoming Trump Administration, he disabused Wilbur Ross, the incoming Commerce Secretary, of his view that Brexit is a God-given opportunity for London’s commercial rivals to take business from the City?

[Boris Johnson]

My right hon. Friend will find that the City of London has been through all sorts of vicissitudes that people prophesied would lead to its extinction. I remember people making exactly the same arguments about the creation of the single currency and about the economic crash in 2008, and the City of London has gone from strength to strength. Canary Wharf alone is now a bigger financial centre than the whole of Frankfurt. By the way, that opinion was shared completely by our friends and counterparts in Washington. I have no doubt that the commercial and financial dominance of the City of London in this hemisphere will continue.