While speaking to Sky News on Monday, UK’s Justice Minister Robert Buckland said that “we will continue to be robust and frank with China where we think they have overstepped the mark.”
Additional comments
“Britain’s relationship with China will have to be honest if it is to endure.”
“Should not take a ‘generalist’ approach to all Chinese investment in the UK.”
On the post-Brexit immigration system, “It is too early to say this system will somehow disadvantage the care sector.”
“We will be listening carefully to what is being said and ensure there is the flexibility to make adjustments for need as it rises.”
Market reaction
GBP/USD keeps its range around 1.2650, adding 0.25% on the day. The pound paid no heed to the above comments.
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