Boris Johnson: Bankers do not fear Brexit

Support in London’s financial sector for UK membership of the EU is “shallow” and leading bankers say privately that they do not expect Brexit would do any damage to London’s position as the world’s top financial centre, Boris Johnson has claimed.

The Brexit-backing London mayor said he was “generally aware” of surveys which show strong support in the city’s financial circles for continued EU membership, as well as the preference of organisations such as the CBI for a Remain vote.

But he told the House of Commons treasury committee that many supporters of EU membership regard the issue as “finely balanced”.