Nicky Morgan: Govt must publish Brexit financial services plan now

‘Businesses need answers urgently’

Jenna Towler
clock • 1 min read

The government's refusal to publish its vision for financial services post-Brexit has left firms in a "chronic state of uncertainty", according to chair of the Treasury Committee Nicky Morgan.

MP Morgan had previously pressed economic secretary to the Treasury John Glen to publish the government's plans for financial services after Brexit. However, in a letter to Morgan, Glen said the timing was not right for government to outline its position due to ongoing negotiations. He said the government "must carefully consider the timing of any publications that could be used to undermine the UK's negotiating position". Morgan commented that the "clock was ticking for the financial services industry". "Businesses need answers urgently on the government's vision for Brexit so ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Healey promises 'new age of industrialisation' ahead of Budget

Healey promises 'new age of industrialisation' ahead of Budget

Keeps quiet on personal taxation, pensions or savings at Labour’s conference

Isabel Baxter
clock 28 September 2026 • 2 min read
MPs warn policymakers to stop using OBR as scapegoat for tough fiscal decisions

MPs warn policymakers to stop using OBR as scapegoat for tough fiscal decisions

Treasury Committee report

clock 23 September 2026 • 2 min read
Pressure mounts on Healey as UK fiscal headroom forecast to drop to £12bn

Pressure mounts on Healey as UK fiscal headroom forecast to drop to £12bn

KPMG outlook

clock 21 September 2026 • 2 min read