European Union: Future Relationship

Kevin Brennan Excerpts

Thursday 27th February 2020 Commons Chamber

[Michael Gove]

Absolutely—financial services matter not just in the City of London, but in Edinburgh, Perth, Leeds and across the United Kingdom. It is a dynamic and growing sector and it is important that we make sure we have the right arrangements for them. We hope that the EU will report by June on the prospects for equivalency in financial services. That commitment was made in the political declaration. It did not subsequently appear in the EU’s negotiating mandate, but I am confident that by June the EU will have completed those equivalency assessments.

[Kevin Brennan (Cardiff West) (Lab)]

In our future relationship, it is important that musicians, performers and so on can move freely and continue to go to Europe, and that European performers can come here on a reciprocal basis. What is the Minister’s understanding of the Government’s position on that?