City firms welcome clarity as government signals it will not reopen Brussels-era rules, despite closer cooperation elsewhere
Keir Starmer will exclude financial services from negotiations on closer alignment with the EU, prompting a sigh of relief from Brexit-weary City lobbyists.
A government spokesperson said officials would continue to explore cooperation “where it is in our economy’s interest”, but it is understood there will be no push for City firms to return to the Brussels rulebook.
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