Brexit a “Remarkable Opportunity” to Make City of London More Competitive – Lawmakers
By Huw Jones
February 17, 2021, Reuters
Britain’s departure from the European Union is a “remarkable opportunity” to make financial rules more competitive to keep the City of London ahead of global rivals after Brexit, a cross-party parliamentary report said on Wednesday.
The All-Party Parliamentary Group (APPG) on financial services said that for Britain’s 130-billion pound financial sector to stand any hope of remaining ahead of the “chasing pack,” it must stay globally competitive.
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