Agenda item

The Director of Communications and the Remembrancer to be heard.

The Director of Communications updated Members on Brexit developments and that measures that the City Corporation has been lobbying for are in the Phase 1 agreement. There was speculation on whether the negotiations were now going to get harder as everyone is starting to suffer from Brexit fatigue.

The Director updated Members that the City Corporation messaging on the 3 T’s (transition, trade and talent) were to be continued, however there would now be an emphasis on trade.

A Member then raised the issue of how British representation will come off EU regulatory committees and then there were comments on how the UK being a “rule-taker” puts the City in a difficult position.

The Policy Chairman reminded Members of how we are trying to raise our voices on these matters by boosting representation in Brussels and focusing a lot on regulatory coherence. She also commended the Director of Communications on the positive press coverage.

The Remembrancer than made a few points on the EU Withdrawal Bill where he referred to two MPs who had supported and pushed through 5 of the City of London Corporation’s 8 amendments to the Bill.