Nicky Morgan calls for Brexit position paper for financial services

Brexit

She argued that the sector is in a “chronic state of uncertainty” and criticised the “inaction” of the government for failing to provide answers.

Nicky Morgan MP, chair of the Treasury Committee, has warned that the clock is ticking for financial services and businesses need answers on the Government’s vision for Brexit.

Her comments follow a letter to her from John Glen MP, the Economic Secretary to the Treasury, who insisted that the timing of the publication of detailed position papers must be carefully considered to prevent the UK’s negotiation position being undermined.

Morgan, who launched this year’s Biba manifesto, commented:

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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