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Hill: 'Having a single market for capital ... is something that makes sense for Europe, and makes sense for the financial services industry' (Photo: Dave Collier)

Hill: Capital Markets Union will not swing UK referendum

Britain's European Commissioner Jonathan Hill said Thursday (5 November) that EU plans for a Capital Markets Union will not play a large role in ordinary citizens' decision how to vote in the in/out referendum on EU membership.

He also admitted the Commission has no guarantees that its plan to create a single capital market will create jobs.

“The honest answer is that for most people in the UK, as most people in any other member state, I don't think they are talking about Capital ...

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Hill: 'Having a single market for capital ... is something that makes sense for Europe, and makes sense for the financial services industry' (Photo: Dave Collier)

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