MIPIM UK: Lloyds Bank chief executive Antonio Horta-Osorio on the UK's position in the new world order

Lloyds Banking Group chief executive Antonio Horta-Osorio opened the second day of MIPIM UK with a keynote on the UK's position in the new world order.

For every 1% of trade the UK loses with the EU as a result of Brexit, it will need to trade 9% more with China just to maintain economic stability, he said.

Listen to his keynote here.