“The City in a post-Brexit world - Is this its greatest opportunity in decades?”
New: ‘The CityUnited Project’ campaign group and think-tank launches today
City professionals, senior politicians, and finance specialists have today responded to the recent challenges laid down by the EU in the new post-Brexit world.
Brexit Facts4EU.Org is pleased to announce the launch of The CityUnited Project, a practitioner-led initiative setting out a vision of a world-leading and prosperous UK financial services industry, setting global regulatory standards in partnership with other major financial centres and in contrast to the increasingly protectionist EU financial services markets.
Who is behind this?
Facts4EU.Org has been integrally involved in the set-up and launch of this new think-tank and campaigning group and our Editor is its Vice Chairman.
Supported by leading politicians, Sir Bernard Jenkin MP, David Jones MP, Lord (Norman) Lamont, Lord (Daniel) Hannan, and Anne-Marie Morris MP, it speaks positively and authoritatively for the industry’s future opportunities and rebuts the current round of negative and under-informed stories about EU share trading and loss of access (due to lack of “equivalence”) to EU markets.
The CityUnited Project's Political Advisory Board: Sir Bernard Jenkin MP (Chair), David Jones MP, Lord (Norman) Lamont, Lord (Daniel) Hannan, and Anne-Marie Morris MP
The group will build on and promote the City’s outstanding track record of product development and innovation, particularly in Fintech. It also seeks to show how the industry can enhance employment in the City and in regions and financial centres such as Belfast and Edinburgh and throughout the Union.
‘The CityUnited Project’ says that the Government must now accept that the EU has in effect denied normal cooperation with the City and its associated financial services, which represents one of the powerhouse engines relied on by the Eurozone itself, as well as by the wider European economy.
Together the new group is responding with initiatives, policies, and recommendations for the Government. Part of its aim is to combat and negate the EU’s actions. It will also be promoting bold new initiatives to exploit the UK’s expertise in financial services and to re-set the agenda for global financial services.
“A global City and UK financial services industry, serving the world”
The CityUnited Project’s Chairman, Professor Daniel Hodson, commented:
Facts4EU.Org's managing editor and co-vice chairman of the CityUnited Project, put matters into a wider context: