Wednesday, 10 January 2018

Prime Minister Theresa May summons City chiefs for talks on Brexit finance sector deal

Theresa May has summoned a group of City chiefs for talks about the prospects for a post-Brexit trade deal that would safeguard the interests of Britain's financial services industry.
Sky News has learnt that the Prime Minister will host a meeting at 10 Downing Street on Thursday with senior figures from companies including Aviva, Goldman Sachs International, and HSBC.
Sources said the agenda would be largely Brexit-focused but could also cover areas such as corporate remuneration, with ministers keen to avoid damaging headlines about lavish boardroom pay during a period when the NHS is experiencing intense resourcing problems.

Philip Hammond, the Chancellor, is also expected to attend the meeting, which will take place against a more optimistic backdrop than previous meetings between Mrs May and financial services industry chiefs.

Among those attending are expected to be Mark Wilson, chief executive of Aviva, the insurer; Richard Gnodde, chief executive of Goldman Sachs International; Mark Tucker, chairman of HSBC Holdings; and Paul Manduca, the Prudential chairman.

SKY       News.