Brexit and the City with Nicky Morgan, Treasury Select Committee Chair

Monday, 23rd October 2017 6:00 to 7:00 pm (GMT) London, GB

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Event Summary

For many years London has been at the top of the Global Financial Services Index. In 2016, financial and insurance services contributed £124.2 billion to the UK economy. Though the value of financial services and the City of London to the UK economy is clear, its value to the EU more broadly should not be underestimated. 112 companies from other EU member states have chosen to list on the London Stock Exchange and Mark Carney has warned of the impact on EU economies of a so-called ‘Hard Brexit’.

A year since Open Europe published a report outlining How the UK’s financial services sector can continue thriving after Brexit, there has been much debate about the impact of Brexit on the City. Open Europe is bringing together leading speakers to discuss questions including: What are the priorities for the City and the wider financial services sector in the Brexit negotiations and in terms of any transition deal? How important is the ‘passport’ to the single market for financial firms and what are the alternatives to it? What are the potential effects of Brexit on banking, asset management, insurance and other financial services? And, what are the potential opportunities for the City outside the EU post-Brexit?

Speakers

Rt Hon. Nicky Morgan MP
Chair of the House of Commons Treasury select committee, MP for Loughborough

Miles Celic
Chief Executive Officer, TheCityUK

Christian May
Editor of City A.M.

Stephen Booth, 
Director of Policy and Research, Open Europe and co-author of Open Europe Report, How the UK’s financial services sector can continue thriving after Brexit

The event will be chaired by Lord Maude of Horsham, former Minister for Trade, Minister for the Cabinet Office, and Shadow Chancellor

Security

Airport style searches are in place at the Houses of Parliament. Please leave plenty of time to pass through security. Read more at www.parliament.uk/visiting/access/security. Entrance will be at the Portcullis House Main Entrance. For security reasons please make sure to bring your ticket.

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