UK PM Theresa May to seek a 'good deal for city' in Brexit talks – City AM

In an interview published late Thursday by the CityAM newspaper, and as cited by Bloomberg, the UK PM Theresa May noted that she will seek a good deal for London’s financial services district during her Brexit negotiations.

Key Quotes:

“We need to make sure we’re getting a good deal for the City.” 

“It has taken many years for the City to build up those expertise, to build up that ecosystem [and it] can’t be done by somebody else at the drop of a hat.”

May also repeated her stance in favor of transitional arrangements to help ease

It “isn’t in anybody’s interests to simply walk towards a position where there’s a cliff edge.”  

“People will need a time to adjust.”