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UK plays down EU threat to City of London
By EUobserver
The US and Japan were more of a threat to the City of London than the EU, the UK has said, after Amsterdam recently overtook London as Europe's biggest trading hotspot in the wake of Brexit. "The challenge to London as the global financial centre around the world will come from Tokyo, New York, and other areas, rather than from those European hubs," British foreign minister Dominic Raab said Sunday.