Rishi Sunak: Brexit offers chance to do things differently in financial sector

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  • Guardian News published this video item, entitled “Rishi Sunak: Brexit offers chance to do things differently in financial sector” – below is their description.

    The UK chancellor said on Sunday that Brexit offered Britain a chance to do things differently in financial services, despite Boris Johnson admitting the deal ‘does not go as far as we would like’ over the sector’s access to EU markets. Under a system known as equivalence, access will not be granted to banks, insurers and other financial firms based in Britain unless their home rules are deemed by Brussels to be ‘equivalent’, or as robust as regulations in the bloc

    Boris Johnson admits Brexit deal falls short for financial services

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    In This Story: Brexit

    Brexit is the name given to the United Kingdom’s exiting the European Union, which happened on 31 January 2020, following a narrow “Leave” referendum result in a June 2016 vote on EU Membership which took place in the country. News items related to Brexit are posted, below, chronologically, with the most recent items at the top, from a variety of outlets.

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  • In This Story: Rishi Sunak

    Rish Sunak is a British Conservative Party MP, who was originally elected as a Member of Parliament in the Richmond (Yorks) constituency in 2015.

    His father-in-law is billionaire founder of Indian IT giant, Infosys, NR Narayana Murthy.

    Sunak experienced a meteoric rise, first to be selected for the “safest” Conservative seat in the UK, he would later become the UK Chancellor of the Exchequer in under five years.

    Brief Biography Here.

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