The UK City of London will continue to play a leading role in global financial markets

So says a finance ministry official

  • UK financial markets can continue to act as China's leading Western partner

Nice bit of cosying.

In other Brexit related news, Herr Schaeuble said earlier that the UK will continue to have liabilities beyond the point of exit, and they will not cease with its exit from the bloc.

That's Mr Happy in a nutshell.

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