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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Starmer rules out EU financial services alignment talks

City of London financial district, aerial view
It is understood there will be no push for City firms to return to the Brussels rulebook. Photograph: Alexander Spatari/Getty Images

Keir Starmer will exclude financial services from negotiations on closer alignment with the EU, prompting a sigh of relief from Brexit-weary City lobbyists.

A government spokesperson said officials would continue to explore cooperation “where it is in our economy’s interest”, but it is understood there will be no push for City firms to return to the Brussels rulebook.

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