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The Independent UK

National

Anna Wise

European stocks move higher as UK overhauls banking rules

United Kingdom Euro Jeremy Hunt Pendragon

PA Archive

UK stocks have made modest gains on the day that Chancellor Jeremy Hunt unveiled plans to overhaul post-2008 financial services regulations.

The so-called “Edinburgh reforms” will implement 30 changes that are expected to “turbocharge” growth in the UK and encourage investment into the City.

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