City’s wor­ries at heart of Brexit talks, says Davis

The Daily Telegraph - - Business - By Jack Tor­rance

DAVID DAVIS re­as­sured City firms he has their con­cerns at heart be­fore head­ing off to Brus­sels for the lat­est round of Brexit ne­go­ti­a­tions yes­ter­day.

“When I sit around the ne­go­ti­at­ing table with [EU chief ne­go­tia­tor] Michel Barnier, or round the Cab­i­net table with my col­leagues, it’s al­ways with the im­por­tance of the City very much in my mind,” the Brexit Sec­re­tary said, adding he was “de­ter­mined to main­tain the City’s com­pet­i­tive­ness”.

Speak­ing at an awards cer­e­mony this week, Mr Davis said he wanted to en­sure that em­ploy­ing EU cit­i­zens re­mains “as easy as pos­si­ble” post Brexit. “While leav­ing the EU will al­low us to bring back con­trol of im­mi­gra­tion, it won’t mean pulling up the draw­bridge,” he said.

Re­la­tion­ships be­tween the City and the Gov­ern­ment have been strained in the wake of the Brexit ref­er­en­dum as some bosses have felt their in­ter­ests have been over­looked in ne­go­ti­a­tions.

But min­is­ters have been at­tempt­ing to re­as­sure businesses re­cently. Talks be­tween Mr Davis and Mr Barnier re­sumed yes­ter­day, with ne­go­ti­a­tions ex­pected to be fo­cused on the scale of Bri­tain’s exit bill, rights of EU cit­i­zens and the fu­ture of the Ir­ish bor­der.

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