EU and the City

Meeting: 
MQT on 2014-10-22
Session date: 
October 22, 2014
Reference: 
2014/3614
Question By: 
Stephen Knight
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor
Category: 

Question

Citigroup, the British Bankers Association and other City representatives have expressed support for further EU integration. Your Europe Report also acknowledges this support. Why then do you and your Europe Report claim the need to protect the City from the EU?

Answer

Answer for EU and the City

Answer for EU and the City

Answered By: 
The Mayor

The Report examines the possible economic scenarios as the EU develops, and the impact these would have on the City. As such, it lays out sensible suggestions of what the City should look out for, and what red lines are needed, in order to protect the City's position.