Financial News Financial News * Top Stories * News * View * People * Coronavirus * Events & Awards (BUTTON) Search ____________________ Profile Subscribe Already a subscriber? Sign In * Brexit Will City banks be ready for 1 January Brexit cliff edge? City left disappointed after negotiators gave priority to ironing out issues around border blockages, the fishing and car industries It is likely that there will be fewer jobs in the City in the coming years Tolga Akmen/Getty Images By Penny Sukhraj Tuesday December 29, 2020 1:07 pm The UK’s financial services sector saw little detail in the published Brexit trade deal that gave any indication of how the markets would operate after 1 January. The country's financial services sector generated £6.6bn in revenue and employed 76,500 people as of the first half of 2020 according to industry body, TheCityUK, but negotiators gave priority to ironing out issues around border blockages, the fishing and car industries, with some reports suggesting negative optics if bankers were to be considered ahead of these... Subscribe or Sign In to continue reading Most Read HSBC threatens to close accounts for people who refuse to wear masks in branches What’s up with WhatsApp? Everything you need to know about the shift to Signal Morgan Stanley just promoted 171 people to MD — up 35% on last year UK to close all travel corridors from Monday to fight threat of new Covid-19 strains Homeschooling while working is exhausting – is the City helping corporate parents? © 2021 FINANCIAL NEWS The News Building 1 London Bridge Street London, SE1 9GF PROFILE Subscribe Sign In ABOUT Feedback Contact Us FAQ Privacy Notice Cookie Notice Copyright Licenses Terms & Conditions Corrections Tips SECTIONS News View People Coronavirus Brexit Asset Management Investment Banking Trading Fintech Politics Events & Awards Lists