Tuesday

17th Oct 2017

Ticker

British banks seek Swiss-type EU relations

A taskforce of City of London business leaders is preparing to say Britain should have a Swiss-type deal on access to certain parts of the single market after Brexit, the Financial Times newspaper reports. The envisaged deal would see British firms given full "passporting" rights to operate in the EU in some sectors only, such as life insurance. The taskforce is to present findings to the government in early September.

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