City Corporation reacts to announcement of UK-Australia Free Trade Agreement

The Department for International Trade announced that it has secured a free trade deal with Australia. Reacting to the announcement, Lord Mayor of the City of London William Russell said: “The UK and Australia are old friends that already enjoy close ties in many sectors.  I am therefore delighted to see agreement on a FTA to further build on this long standing relationship, and look forward to more announcements down the line on how we can also strengthen ties in financial and professional services.” City of London Corporation Policy Chair Catherine McGuinness said: "The UK and Australia have much to gain from working more closely in this area, and huge opportunities exist in fintech, open financing, data, asset management and green finance, particularly in the lead up to COP26.”