May's Team Said to Plan for Banks Not Getting Brexit Trade Deal
- One suggestion is finance be left out of main trade talks
- May’s office ‘proud’ of London’s status as financial center
This article is for subscribers only.
U.K.-based financial services could be left out of the main Brexit negotiations as British government officials fear it will be too difficult to reach a deal in the two-year time frame for talks.
Speaking on condition of anonymity, three senior officials in Prime Minister Theresa May’s team raised concern that an agreement on access for London-based banks to the European market could be impossible.