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Hammond Says UK Financial Services Cannot Be Replicated

Britain's finance minister Philip Hammond warned other European Union countries they would be making a "huge mistake" if they tried to break up London's dominance as a global financial center after the country leaves the bloc. In a sign of tense negotiations that lie ahead as Britain tries to negotiate its exit from the EU while keeping as much access as possible to its single market, Hammond said London's "complex ecosystem" of banks and financial services...

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