The U.K. will use Brexit to build on historic trading relationships outside of the EU, Chancellor of the Exchequer Philip Hammond told Bloomberg TV in New York.
“We want to get the right Brexit for Britain,” Hammond told Bloomberg Editor-in-Chief John Micklethwait.
He described the U.K. as “mid-Atlantic in the way it does business,” and said capitalism faced problems across the developed world.
Hammond, who is on a visit to U.S. to meet Wall Street bosses and attend meetings of the International Monetary Fund, said he would make protecting London’s financial sector a priority for him.
“It will be one of the U.K. government’s objectives to ensure that parts of the financial services sectors that are Europe-facing are able to continue doing business in Europe.”