Italian job is better for post-Brexit city, Milan lobby group says

An Italian lobbyist has claimed Milan is the only European financial hub willing to compliment rather than compete with London post-Brexit, saying the perfect solution lies in relocating jobs but keeping bank balance sheets in Britain.

Bepi Pezzulli, chairman of eurosceptic think tank and lobby group Select Milano, told the Press Association that efforts are being made to ensure Milan would be a "junior partner" to the City of London, rather than a setting up as a competitor.