Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what recent discussions he has had with representatives from the banking and finance sector about the potential effect of no deal with the EU on the banking and finance sector after the UK leaves the EU.

Since the referendum last year the Government has undertaken an extensive programme of engagement with financial services firms, in order to listen to concerns from across the sector and to understand how the UK’s exit from the EU could impact firms and their customers in a range of different scenarios.

This has included ministerial and official meetings with firms from the banking, asset management, insurance, pensions and market infrastructure industries.

We have been clear that we are aiming for a deep relationship with our EU partners which will maintain as much of the current cross-border arrangements as possible.