Rachel Reeves has urged the EU to give greater access for the City of London, telling finance ministers from the bloc it would help grow their stagnating economies.
“The UK has deep global capital markets that can fund the growth that economies across the continent need,” the UK chancellor told Euro area finance ministers on a visit to Brussels.
“Openness to each other’s markets is a source of strength, not weakness,” she added, promising that the UK was not trying to become a haven of light regulation, or what some have nicknamed “Singapore on Thames”.
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