Brussels and London to keep talking
The EU and UK agreed to continue negotiations on a post-Brexit trade deal past Sunday’s self-imposed deadline. In a joint statement, Ursula von der Leyen, the European Commission president, and Boris Johnson, the British prime minister, acknowledged there were “major unresolved topics.” But stated, “we think it is responsible at this point to go the extra mile.” No deadline was set. Separately, Johnson said the UK would “get ready” for no deal. Sources: BBC, CNBC, DW, Financial Times and The Guardian.
Brexit not killing City jobs: FT
Despite Brexit, a Financial Times survey found big banks and asset managers have increased headcount in London over the past 5 years (also reported by Bloomberg and CityAM). Separately, Frankfurt Main Finance, a promotion body, told AFP that Brexit has increased jobs and assets in the German financial centre.