Yousaf to visit City of London
Humza Yousaf will attend a belated Burns Supper, as well as participating in a roundtable with ambassadors from the 27 EU countries.
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Your support makes all the difference.Scotland’s First Minister will visit the City of London this week as a framework to promote financial services is agreed.
The deal will see opportunities identified to “align messaging and develop a co-ordinated approach” to promoting financial services in the UK, while also promoting the push for green financing.
During his visit to London, Humza Yousaf will meet Lord Mayor of London Michael Mainelli, attending a belated Burns Supper, before participating in a roundtable with ambassadors from the 27 countries of the EU.
By working with the City of London Corporation towards shared goals, we can continue to drive that investment, and grow our economy
Speaking ahead of the visit, the First Minister said: “Scotland has much to gain from strengthening our relationship with the City of London – by providing access to global investors and collaborating on shared initiatives, we can reap the benefits of a thriving financial services industry for our centres of excellence.
“Outside of London, Scotland both has the UK’s largest financial services centre and is the most attractive location in the UK for foreign direct investment.
“By working with the City of London Corporation towards shared goals, we can continue to drive that investment and grow our economy.
“This latest partnership agreement is enhanced in terms of the scope and focus of our ambition, and will ensure our priorities continue to align with those of businesses in the financial sector.”
Chris Hayward, the policy chairman of the City of London Corporation said the financial services sector in London and Scotland was a “critical part of the UK economy”.
He added: “We’ve been delighted to partner with the Scottish Government on a range of issues where we have alignment and shared challenges: in sustainable finance, technology, talent and growth.
“Today’s meetings and Burns Supper represent an opportunity to really explore these areas; to identify areas of complementarity; and determine how we can work together for the benefit of our shared sectors, economies and people.”