LONDON Dec 19 London's mayor Sadiq Khan
appointed former EU Trade Commissioner Peter Mandelson to a
panel of business and financial leaders advising on Brexit which
also includes the City of London's policy chief and the head of
the London Stock Exchange.
Londoners overwhelmingly backed remaining in the European
Union in the June 23 referendum and Khan, the most senior Labour
Party politician to hold power in Britain, has vowed to defend
the capital from any Brexit-related hit.
Fellow Labour Party politician Mandelson, a minister under
ex prime ministers Tony Blair and Gordon Brown, was in charge of
EU trade policy between 2004 and 2008, including during fraught
talks over textile quotas with China known as the "Bra Wars."
Khan said the panel would provide insight and expertise as
he pushes to protect key policy areas during monthly meetings
with Brexit minister David Davis.
"Securing privileged access to the single market,
maintaining a world-class financial sector and ensuring London
can continue to attract global talent are all recurring themes
from my conversations with business," said Khan.
Just over a dozen members will advise the mayor including
the British chair of Spanish bank Santander, the
Chairman of the Canary Wharf Group and the City of London's
"London's success is based on the incredible number of
interconnected businesses and sectors that support each other,"
City of London policy chairman Mark Boleat said.
"If one sector suffers, the knock-on effects to London's
whole economy could be substantial."
(Reporting by Costas Pitas; editing by Stephen Addison)