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Chancellor Zahawi to ‘repeal hundreds of pieces of EU law’ as Brexit battle with regulators looms

The Mansion House gathering for the City will be dominated by a drive to free up rules despite protests from regulators

By Justin Cash
Nadhim Zahawi will use his Mansion House speech to confirm he is pushing ahead with reforms to post-Brexit regulation
Nadhim Zahawi will use his Mansion House speech to confirm he is pushing ahead with reforms to post-Brexit regulation Photo: Leon Neal/Getty Images

UK Chancellor Nadhim Zahawi is set to continue a fight between the government and regulators as he plans to double down on plans to axe financial services rules in the wake of Brexit.

The new chancellor will use the influential Mansion House gathering of leading financiers on the evening of 19 July to showcase his vision of a new regulatory regime in the aftermath of the UK's split with the EU.

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