Britain's finance minister is warning it would be a 'huge mistake' if other European cities try to take over London's place as a major financial capital after the Brexit vote.
Chancellor Philip Hammond says any curbs on immigration brought in as Britain leaves the EU will not apply to European bankers and highly-skilled businesspeople.
And he insists it's in the EU's interests for the City of London to remain a global financial capital.
Danny Cox of stockbroker Hargreaves Lansdown says Mr Hammond wants to safeguard the City while boosting the economy.
IN: "This is…
OUT: … be doing."
DUR: 32 seconds
http://www.fsnradionews.com/feeds/0909city-cox1.mp3
Chancellor Philip Hammond says any curbs on immigration brought in as Britain leaves the EU will not apply to European bankers and highly-skilled businesspeople.
And he insists it's in the EU's interests for the City of London to remain a global financial capital.
Danny Cox of stockbroker Hargreaves Lansdown says Mr Hammond wants to safeguard the City while boosting the economy.
IN: "This is…
OUT: … be doing."
DUR: 32 seconds
http://www.fsnradionews.com/feeds/0909city-cox1.mp3