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The Guardian - UK
The Guardian - UK
Business
Richard Partington Economics correspondent

Treasury plans post-Brexit overhaul of insurance industry

United Kingdom European Union
The City of London.
The City of London. Photograph: Henry Nicholls/Reuters

The Treasury has announced plans to unlock more than £10bn of UK infrastructure investment through a post-Brexit overhaul of the insurance industry.

Announcing a shake-up for the City of London after leaving the EU, the economic secretary to the Treasury, John Glen, said that a comprehensive package of reforms for the insurance sector would help enable UK-based firms to invest more in infrastructure projects.

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