Jonathan Reynolds MP, Labour’s Shadow City Minister, responding to the Queen’s Speech, said:

“The Tories have spent three years creating and worsening uncertainty for financial services through bad Brexit deals and incompetent economic management.

“What we see in the Queen’s Speech today fails to offer clarity on the environment for financial services after Brexit, and is all too little, too late.

“Labour has set out clear plans to ensure the finance sector serves the wider economy – and we will continue to do everything within our powers to take a disastrous no-deal Brexit off the table.”