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Going Going Going

UK Finance has warned against increased costs for both consumers and companies as countries compete for bases for UK insurers. Fragmenting markets could bump up costs significantly for consumers and companies on the continent.

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UK Government Wakes Up

Chancellor Philip Hammond replied to Treasury Select Committee chair Nicky Morgan, "The government is alive to the risk that the UK’s withdrawal could, in some cases, create legal uncertainties as to the status of existing cross-border insurance, pension, and other financial services contracts sold under passporting arrangements.

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