The Chancellor's Mansion House speech acknowledges the importance of financial services for the British economy. But it gives little hope that the British government will be able to prevent the decline of the sector as a consequence of Brexit.
In this video, the financial analyst Graham Bishop and the Director of the Federal Trust, Brendan Donnelly, discuss the Chancellor of the Exchequer Rishi Sunak's recent Mansion House speech.
Guest: Graham Bishop is an independent consultant on European political, financial, economic and budgetary integration as well as the founder of grahambishop.com. He is also a member of the Council of the Federal Trust and, he says, a 'dedicated Europhile'. He has been a fixture in the City since 1972, beginning with Phillips & Drew and ending with Citi, where he was European bond analyst.
Brendan Donnelly is the director of the Federal Trust and former MEP.
ABOUT THE FEDERAL TRUST
The Federal Trust is a research institute studying the interactions between regional, national, European and global levels of government.
Founded in 1945 on the initiative of Sir William Beveridge, it has long made a powerful contribution to the study of federalism and federal systems. It has always had a particular interest in the European Union and Britain’s place in it.
The Federal Trust has no allegiance to any political party. It is registered as a charity for the purposes of education and research.
Website: https://fedtrust.co.uk/
Twitter: https://twitter.com/fedtrust
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