May dashes City hopes in Brexit shock for banking

Brexit deal: May speaking at the party’s annual conference in Birmingham, on Sunday. She didn’t refer to the City of London, instead saying only that she wants the Brexit deal to involve free trade in goods and services as well as cooperation on law enforcement and counter-terrorism work. – Bloomberg

Banks to miss out on special favours from the premier

BIRMINGHAM: British financial-services companies will get no special favours in Brexit negotiations from Prime Minister Theresa May, who wants to change the relationship between the government and the City of London.