Parliament

Future of Financial Services

I have to say to the Chancellor that his announcement this afternoon will do little to stem the haemorrhaging of jobs and assets that we have seen since the failure so far of his Government’s negotiations on Brexit. Earlier in the year, Germany announced a £46 billion investment in the green economy to stimulate recovery. How will the Chancellor’s sovereign green bond attempt to match that? What discussions has he had or does he intend to have with the devolved Administrations around these islands to discuss how the proceeds of any such bond issue might usefully be put to work?

• General

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