Lloyds boss: Brexit City warnings overcooked

The chairman of Lloyds Banking Group has dismissed a warning made by his counterpart at HSBC that the City could collapse like a Jenga tower following Brexit and predicted that financial services firms would cope if the UK left the EU without a deal. Lord Blackwell said that while financial services firms have worked on contingency plans for Brexit, which could involve moving some jobs to the Continent, “you have to keep it in perspective”. Business, Page 1