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The City will 'remain financial centre of Europe'

Workers in London's financial district are worried Britain might lose its 'passporting' rights of access for finance firms across Europe, as part of upcoming negotiations over Britain's exit from the European Union. Under the passporting rules, banks and other financial companies can be authorised to do business in one EU member state, then ply their trade across the region without having to be separately authorised in each country. But the pro-Brexit economist Gerard Lyons told Jon Bithrey why he thinks London will remain the financial centre of Europe.

(Picture: London's skyline. Picture credit: Getty Images.)

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