All 1 Debates between Simon Kirby and Chris Philp

Oral Answers to Questions

Debate between Simon Kirby and Chris Philp
Tuesday 29th November 2016

(7 years, 5 months ago)

Commons Chamber
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Simon Kirby Portrait Simon Kirby
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The Government have been clear that we will not comment on every turn of the negotiations. Indeed, the negotiations have yet to start. However, we are absolutely committed to getting the best possible deal we can.

Chris Philp Portrait Chris Philp (Croydon South) (Con)
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Does the Minister agree that the City of London plays a very important part in helping businesses to raise capital and that maintaining clearing in euros in the City of London will be an important way to ensure that the City retains that status?

Simon Kirby Portrait Simon Kirby
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The City of London is a very important financial centre and we fully intend it to remain as such. Clearing is an important element of the negotiations, and we will do all we can to retain London and the UK as a financial centre of excellence.