Skip to content
City of London

Government Chaos Sparks City of London Fears of More Limbo

  • Leaders driving Brexit finance reform exit in quick succession
  • Financial Services and Markets Bill due later this month
Video player cover image
UK's Johnson Says 'Of Course' He'll Be PM Tomorrow
Updated on

City of London executives have expressed anxiety that the turmoil rocking the UK government may delay or derail post-Brexit reforms aimed at boosting competition and growth. 

The resignations of Chancellor Rishi Sunak and John Glen, economic secretary to the Treasury, sent shock-waves across financial firms, while the escalation of ministerial departures on Wednesday triggered questions about how long new appointments including Nadhim Zahawi as chancellor would stay in their posts.