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Brexit latest news LIVE – Post-deal UK should focus on Asia and US rather than Europe, top banker says

BREXIT offers the UK the opportunity to focus on Asia and the US while maintaining ties to the EU, says Barclays Bank’s boss.

Jes Staley said: “I think Brexit is more than likely on the positive side than on the negative side.”

He went on: “What the UK needs and London needs is to make sure the City is one of the best places, whether it be regulation, or law, or language, or talent.

“What London needs to be focused on is not Competition Frankfurt or Paris. It needs to be New York and Singapore.”

His comments come as the UK prepares an outline agreement with the EU on how financial services sectors will operate post-Brexit.

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