UK seeks 'durable' EU financial services relationship

British finance minister Sajid Javid vowed Tuesday to build a "durable relationship" for financial services in a post-Brexit trade deal, under plans he will outline in the coming months.

Javid's powerful Treasury department "will come forward with a white paper in the spring on the future of the UK financial sector", Javid said in London's free City AM daily business newspaper.

"From next year, we will have the freedom to make our own rules outside the constraints of the Single Market and customs union," he wrote.

"And ... we want a future relationship with the EU where we work together in pursuit of common interests." He added: "We will no longer be rule-takers, but we remain committed to the highest international standards of financial regulation and to shaping global rule-making.

"We may choose to do things in the same way as the EU if it works for the UK. But there will be differences, not least because as a global financial centre the UK needs to keep pace with and drive international standards."