Oral Answers to Questions Debate
Full Debate: Read Full DebateJulian Brazier
Main Page: Julian Brazier (Conservative - Canterbury)Department Debates - View all Julian Brazier's debates with the Department for Exiting the European Union
(7 years, 7 months ago)
Commons ChamberThe future of European agencies is of course a subject for the negotiations to come, but I have no doubt that the UK will continue to be a global centre both for financial services and for leading the conversation about the regulation of financial services in the years to come.
Financial services are important to the economy in my constituency, and I welcome all my hon. Friend’s comments. Does he agree that it is in Europe’s interests that it should have a good deal here, as it will need access to the City of London? It is not the UK that has a banking crisis at the moment.
My hon. Friend is absolutely right for drawing attention both to the importance of financial services across the whole of the UK and to the fact that this is about the mutual interests of the UK and the EU. We want a deal that works for both, and access to the global leading financial markets in London will be as important for the other side in these negotiations as it is for us.