David Davis seeks to reassure City on transfer of workers after Brexit

Brexit secretary says government hopes to strike deal with EU that would allow City firms to move st..

By admin , in Money , at November 14, 2017

Brexit secretary says government hopes to strike deal with EU that would allow City firms to move staff in and out of UK

Global banks should be able to continue to transfer workers between the UK and EU member states after Brexit, David Davis has told an audience of City workers.

In an emollient private speech at the London headquarters of Swiss bank UBS on Tuesday, the Brexit secretary sought to reassure financial institutions that the government hopes to negotiate a deal with Brussels that would allow City firms to move senior staff in and out of the UK.