Phillip Hammond has been in Japan trying to reassure banks there that London will get "the best possible access" to the EU (HERE). I wonder how he explained that Lloyds of London the insurance business that has been based in The City for 328 years is moving part of its operations to the EU in order to protect the 11% of its market that comes from the EU (see HERE).
It might be a case of look what we do not what we say for the Japanese.
Update: It has emerged, according to The Independent, that the japanese warned Mr Hammond that they would begin to leave the UK in 6 months (HERE) unless they get clarity on access to the EU market.
Update: It has emerged, according to The Independent, that the japanese warned Mr Hammond that they would begin to leave the UK in 6 months (HERE) unless they get clarity on access to the EU market.
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