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U.K. economy

Is London’s financial center doomed to decline after Brexit?

by Stephen Beard
Jan 27, 2021
The City has lost its unfettered access to the European market, and Britain’s former EU partners see opportunity.
An early-morning view of London's financial district, known as the City. The district has lost jobs since the Brexit vote, and European financial centers are eager to profit from regulatory changes.
Dan Kitwood/Getty Images
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