LONDON, June 30 (Reuters) - Britain needs to build a new international model for financial services after its decision to quit the European Union, a top banker representing an industry lobby group said on Thursday.
The FTSE 100 has surged to highest level since April 21 today as investors hope Mark Carney's speech will calm Brexit fears. London's blue chip index hit an intraday high of 6,398.02 after erasing post-Brexit losses yesterday.
Uncertainty over the EU exit vote is blamed for the bank's decision to temporarily halt customer loans for London home purchases.
UK consumer confidence collapsed in the wake of the Brexit vote, according to a survey by YouGov and the Centre for Economic and Business Research.
Sherwood went on to tell MPs that the firm's involvement in the BHS saga has not enhanced its reputation. 'We've been reviewing Goldman Sachs' relationship with Sir Philip Green at this point,' he said with some bluntness.