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International

Brexit uncertainty biggest threat to London financial hub

January 30, 2018 Reprints

A survey found that uncertainty over Britain's future trading relations with the European Union post Brexit is the most serious threat to London as the world's top financial centre, Reuters reported. The survey found that firms want clarity on what Britain wants in future trade relations. The EU is due to approve criteria for negotiating a transition period that would bridge Brexit. The survey was conducted by the Confederation of British Industry and U.K.-based consultancy firm PricewaterhouseCoopers International Ltd.

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Brexit uncertainty biggest threat to London financial hub

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