Rishi Sunak says UK will 'do things differently and better' outside EU
Rishi Sunak says Britain will 'do things differently and better' outside the EU as he suggests the UK has given up on striking a post-Brexit financial services deal with Brussels and will now 'move forward' on its own Rishi Sunak wanted financial services deal with EU but 'that has not happened' The Chancellor said 'now, we are moving forward' and UK will set its own rules Mr Sunak said 'we now have the freedom to do things differently and better' But he said 'EU will never have cause to deny the UK access' due to lax standards
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Rishi Sunak today suggested he has given up on striking a post-Brexit deal on financial services with the EU as he said the UK is 'moving forward' and will set its on rules.
The UK has been pushing for the bloc to grant equivalence to Britain's financial services sector to make it easy for firms in the City of London to access markets on the continent.
But Mr Sunak said the 'ambition' to strike a deal 'has not happened' and the UK now has the 'freedom to do things differently and better'.
The Chancellor said the UK will use that freedom 'fully' in a sign that firms in the City could now shift more of their focus to non-EU markets.
However, Mr Sunak said that 'the EU will never have cause to deny the UK access
