3/3, 3:43 PM (Source: TeleTrader)
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Sunak: Brexit new chapter for financial services

British Chancellor of the Exchequer Rishi Sunak told the Bank of England (BoE) on Wednesday the United Kingdom's departure from the European Union meant a "new chapter" for the financial services sector.

Sunak added Brexit would allow the government and other regulators to "think creatively" for Britain to remain an "attractive location" for international financial companies.

Earlier in the day, the chancellor announced new restart grants for retailers and hospitality businesses and an increase in the corporation tax to 25%.

Breaking the News / JR