UK banks demand seat at Brexit negotiating table (politico.eu)

• UK Finance demands financial services be part of UK-EU reset
• Proposals: indefinite clearinghouse access, equivalence, bilateral treaty
• Political instability and EU reluctance threaten progress

"UK Finance, the British banking lobby, is pushing for financial services to be included in the strategic reset of UK-EU relations. A report proposes a bilateral treaty based on mutual recognition, indefinite EU market access for clearinghouses, and equivalence for capital rules. The call comes ahead of a July 2026 UK-EU summit, but political turmoil around PM Starmer and EU reluctance may hamper progress."