Progress in negotiations between the UK and the EU27 has
been welcomed by those in the City.
There is hope that this will result in the UK’s
withdrawal being approved by the UK Parliament, following
endorsements from both Jean-Claude Juncker, president of the EU
Commission, and unanimously by member states at an EU summit
that took place yesterday to scrutinise the newest deal.
"This is an encouraging development," said Miles Celic,
chief executive officer at CityUK. "It is important that the
deal is now approved so that we can avert the damage and
disruption a no-deal Brexit would cause to customers, industry
and the wider economy here in the UK and in the EU."
A new deal has been negotiated between the UK and
the EU;The progress made has been welcomed by
financial bodies in the City;There are still
questions over what the UK's new relationship