UK PM May's Spokesman: Conclusion of phase one talks provided reassurance to financiers

Eren Sengezer FXStreet

Following British PM Minister Theresa May's meeting with businessmen at Downing Street, May's spokesman responded to questions from the press.

Key quotes (via Reuters)

Bankers asked for as much certainty as possible about future regulatory relationship between the UK and EU during meeting at Downing Street.

Conclusion of phase one talks were deemed to have provided reassurance to financiers at meeting.

Business leaders gave their views on how to maximise the benefits of an implementation period.

Britain's finance minister emphasised the need to make the interests of consumers and taxpayers central to the future regulatory relationship between the UK and EU at meeting with financiers.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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