Progress - or as useful as a chocolate teapot? City's mixed reaction to post-Brexit co-operation talks

UK and EU debate memorandum of understanding

"Technical discussions" between the Treasury and the EU ended last Friday

"Technical discussions" between the Treasury and the EU ended last Friday

The investment industry has offered a muted reaction to the preliminary steps the UK and EU have made to agreeing the rules of the game around post-Brexit financial services co-operation.

On Friday (26 March), HM Treasury and its EU counterpart, announced that "technical discussions on the text of the memorandum of understanding (MoU), which was agreed in a Joint Declaration on Financial...

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