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The UK Government’s Edinburgh reforms at a glance

Jeremy Hunt
Photo: Getty Images

Chancellor Jeremy Hunt set out a list of 30 measures intended to boost UK financial service sector competitiveness.

The UK financial services sector employs 2.3 million people, mostly – and contrary to popular belief – outside London, and generates 13% of the country’s tax revenue. It’s been a central pillar of the country’s shift from manufacturing to service since the 1980s, suffered a crisis of confidence and trust

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