London’s City head set to visit Jersey to discuss Brexit strategy

The Lord Mayor of London is set to visit Jersey to help him understand the crown dependency’s finance sector and how he can represent its interests during Brexit negotiations.

Andrew Parmley is due to meet Jersey’s chief minister Ian Gorst and external relations minister Philip Bailhache next week, as well as representatives from Jersey Finance and the Jersey Financial Services Commission, according to local reports.

The Lord Mayor of London is the head of the City of London Corporation, which is based in the UK capital’s ‘square mile’ financial district, and is responsible for promoting the UK’s financial and professional services industry, as well as the City as a place to do business.

Parmley told the Jersey Evening Post: “‘My job is to represent financial services for the whole of the UK and that means that I represent Jersey, so it’s very important for me to see what is involved.

“The City of London and Jersey have a very long working relationship together and we are going to be looking at the question of Brexit together.”

He added that he believed that the working relationship between the City of London and Jersey was “very, very important” and that he would seek to represent the Island’s interests during Brexit negotiations.

ABOUT THE AUTHOR
Gary Robinson
Deputy Editor, International Investment and Head of Video at Open Door Media Publishing. A fully qualified journalist and filmmaker with more than 20 years' financial services experience, both as journalist and originally as an IFA.

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