City chief plays down Brexit risk as banks move jobs

The City of London's policy chief played down Brexit risks for the world's top financial hub in an interview with AFP on Friday, even after a string of banks said they may have to shift jobs from London."Brexit won't be... so damaging as to risk London's status," Mark Boleat said, while acknowledging there would be "a loss of tax revenue and... a loss of jobs" as Britain prepares to leave the European Union."I am sure London will be the leading global financial centre whether Britain is in the E