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City hopes new order will ease rules to offset EU exit

COMMENT: There may be efforts to be more finance-friendly – but asset managers have blown their chance of sympathy

Theresa May
Theresa May Photo: Getty Images

Still reeling from the Leave vote, many financial services bosses find some solace in one consoling thought: at least the UK regulators may go a bit easy on them now.

There might not be the bonfire of red tape that many Leave campaigners promised. Or even a small barbecue. Yet the financial regulators could surely loosen up a little.

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