May to Meet Financiers to Talk Post-Brexit Trade Deal

Corrected
  • City chiefs include HSBC, Aviva, Goldman Sachs, Stock Exchange
  • May, Hammond will also raise high levels of executive pay
Theresa May's Troubling Few Days

U.K. Prime Minister Theresa May will meet a group of City financiers on Thursday to discuss safeguarding London’s financial services in any trade deal with the European Union following Brexit.

Aviva Plc, Goldman Sachs International, HSBC Holdings Plc, Prudential Plc and the London Stock Exchange Group will meet with May and Chancellor of the Exchequer Philip Hammond at the premier’s London office.

They are “part of a series of business engagement meetings,” said May’s spokesman, James Slack, in a huddle with reporters.

The agenda will also include boardroom pay against a backdrop of continued austerity, a major sticking point among voters and one that has dogged Conservatives after years of cost-cutting in an effort to curb public debt.

Hammond and Brexit Secretary David Davis will be in Germany Wednesday to ask business leaders for help in securing a trade deal that doesn’t exclude London’s financial services, a sector which has emerged as a key battleground in the next phase of Brexit talks.

— With assistance by Thomas Penny

(Corrects name of Prudential in second paragraph of story published on Jan. 10.)
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