| UPDATED: 14:06, Fri, Jan 22, 2021
Link copied Sign up for FREE now and never miss the top politics stories again
SUBSCRIBE Invalid email
When you subscribe we will use the information you provide to send you these newsletters.
Sometimes they ll include recommendations for other related newsletters or services we offer.
Our Privacy Notice explains more about how we use your data, and your rights.
You can unsubscribe at any time.
Top eurocrat Mairead McGuinness suggested the EU would restrict the City of London’s access to European firms to force through a post-Brexit exodus of workers and capital to the Continent. The financial services commissioner is responsible for bolstering euro-based markets while also limiting their reliance on Britain. As UK and EU officials draw up plans for future financial services cooperation, Ms McGuinness insisted there must be “change” in their relationship.
| UPDATED: 16:04, Mon, Jan 18, 2021
Link copied Sign up for FREE now and never miss the top politics stories again
SUBSCRIBE Invalid email
When you subscribe we will use the information you provide to send you these newsletters.
Sometimes they ll include recommendations for other related newsletters or services we offer.
Our Privacy Notice explains more about how we use your data, and your rights.
You can unsubscribe at any time.
A senior MEP dismissed Brussels’ “wait and see” policy and insisted the approach would hinder Europe’s financial services industry. German Markus Ferber, of the European People s Party, said the plan should also curb the reliance on the dollar on international markets. The veteran MEP said: “We need a clear step-by-step masterplan that helps key financial sector businesses move from the United Kingdom to the European Union.