11 December 2011
City of London comment on EU Summit
Following the EU Summit, Stuart Fraser, the Chairman of the
Policy and Resources Committee of the City of London Corporation,
said:
"The UK Government clearly had a very difficult negotiating
position to uphold our key national interests at the European
Summit. Their continued firm support for the UK financial services
industry and its crucial contribution to jobs and growth not only
in this country but across the whole 27-member EU is most welcome.
‘
’Whatever comes of the detailed negotiations to create new
arrangements for the management of the eurozone, involving the 17+,
the many issues directly affecting the regulation of financial
services across the EU will continue to be a part of the Single
Market and thus require the full involvement of all 27 countries,
including the UK, in any decisions about them.
‘’The Government has made clear that it will continue to take
its full part in all these discussions and to maintain and enhance
the Single Market in financial services across ALL 27 EU Member
countries. This is most welcome too."
Ends
About the City of London Corporation
The
City of London Corporation supports and promotes the City as a
world leader in international finance and business services and
provides local services and policing for those working in, living
in and visiting the Square Mile. It also provides valued services
to London and the nation. These include the Barbican Centre and the
Guildhall School of Music & Drama; the Guildhall Library and
Art Gallery and London Metropolitan Archive; a range of education
provision (including three City Academies); five Thames bridges
(including Tower Bridge and the Millennium Bridge); the Central
Criminal Court at Old Bailey; over 10,000 acres of open spaces
(including Hampstead Heath and Epping Forest), and three wholesale
food markets. It is also London’s Port Health Authority and runs
the Animal Reception Centre at Heathrow. It works in partnership
with neighbouring boroughs on the regeneration of surrounding areas
and the City Bridge Trust, which it oversees, donates more than
£15m to charity annually.
Press enquiries:
Sanjay Odedra, Press Officer, City of London Corporation
Tel 020 7332 1835 / Mobile 07831 542856
Email
sanjay.odedra@cityoflondon.gov.uk