LONDON Oct 17 Britain might continue to pay
billions of pounds into the European Union's budget after Brexit
to maintain single-market access for the City of London and
other sectors under plans being discussed by government, the
Financial Times reported.
Prime Minister Theresa May's recent rhetoric has perturbed
some investors who fear Britain could give up trying to remain
in the EU's single market in order to impose controls on
immigration from the other 27 EU member states.
But the Financial Times said on Monday May had not ruled out
making future payments to the EU to secure privileged access to
the single market. Finance is among the sectors most likely to
benefit in any deal that recognised the "equivalence" of
regulatory regimes, the FT said.
The FT said that May assured Japanese carmaker Nissan that
trading conditions for its British car plant would not change
after Brexit, the first suggestion that the government could
pick certain sectors to shield from the impact of leaving the
Continued payments into the EU after Brexit has long been
seen by Eurosceptics as a possible way to keep some preferential
access to EU markets while pulling more sovereignty back to
London over areas such as migration.
(Reporting by Guy Faulconbridge; editing by Michael Holden)