As reported in City Matters earlier this week we approved at the City Corporation’s economic development committee a strategy to boost trade ties with the United States and Switzerland to strengthen the UK’s status as a financial and professional services powerhouse post Brexit.

The paper presented to the committee said the strategies would allow the Corporation to help set the agenda for the future of the UK’s trade relations with both markets. It also flagged the Corporation’s unique position as a non-political local authority as a major advantage in facilitating negotiations between government, business and trade associations.

I fully support this strategy as it’s important the City continues to build links across the globe, but our number one priority over the coming moths is – and should be – to ensure we get a comprehensive and ambitious deal with the European Union.