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Brussels plan could force euro clearing out of UK after Brexit.

London could lose parts of £880m–a–day trade as EU seeks power to make business relocate for financial stability. Brussels has published proposals that could force London’s prized euro-clearing trade out of the City after Brexit, as the EU plans for life without Europe’s biggest financial centre. While the plans stop short of forced relocation after Brexit in 2019, they would give the EU…
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