Sam Woods is deputy governor of the Bank of England, and head of the Prudential Regulation Authority
Speaking in the UK parliament:
- 5,000 to 10,000 UK finance jobs at risk on Brexit day one
- Sees slight downward drift in jobs at risk
- PRA confident its prepared if transition falls apart
Also comments from FCA's Bailey (Bailey is CEO of the Financial Conduct Authority ):
- Talks with Eu authorities needed so as to avoid Brexit cliff
- Eu-UK can have trade deal including financial services
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UK /Brexit Headlines via Bloomberg