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Spring Budget 2023: City left hanging on Brexit questions

A whole host of issues arising from the UK's departure from EU are still unsolved after the latest Budget, City commentators note

Hunt's red box had little to offer those hoping for progress on areas such as equivalence, clearing and the banker bonus cap

Chris J. Ratcliffe/Getty Images
By
Justin Cash

City leaders hoping that Chancellor Jeremy Hunt's Spring Budget would answer some of the lingering questions for financial services in the wake of Brexit were left disappointed.

Issues ranging from the future of the government's rulebook and the banker bonus cap to London's status as a listings venue and a regulatory deal with the EU were not referenced in Hunt's 15 March speech, City leaders have noted.

Hunt...