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Rishi Sunak has moved to assure the City that changes to financial services regulation post-Brexit are around the corner as he set out his ambition to “make sure [London] remains the most competitive place in the world for financial services”.
When challenged at a Conservative party conference fringe event on why there hasn’t been a bonfire of EU regulations post-Brexit, the chancellor said it was “systematically happening across government” and that “you’ll see the fruits of that in the coming months and years”.