HomeNewsWorldBarclays chairman says govt supports 3-yr post-Brexit transition

Barclays chairman says govt supports 3-yr post-Brexit transition

"The government does [support it] because I think they understand the complexity of this," McFarlane told Reuters on the sidelines of the World Economic Forum in Davos, Switzerland.

January 19, 2017 / 18:12 IST

Britain's government is supportive of a three-year transition period for the financial sector after Britain exits the European Union, Barclays Chairman John McFarlane said on Thursday.

"The government does [support it] because I think they understand the complexity of this," McFarlane told Reuters on the sidelines of the World Economic Forum in Davos, Switzerland.

first published: Jan 19, 2017 01:53 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347