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Brexit risks run deep but are 'negligible' for financial services, research group says

( January 26, 2018, 00:01 GMT | Official Statement) -- MLex Summary: Britain's financial-services sector is one of the least exposed to the risks of Brexit, says a study by The UK in a Changing Europe, a group promoting research into UK-EU relations. The sector is “already highly globalized” and thus doesn’t greatly depend on EU markets, it says. But its study suggests that across the services sector and others, the trade effects of a “no-deal” Brexit scenario could threaten more than 2.5 million jobs.The original statement follows. ...

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