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Philip Hammond: Japanese banks are concerned about Brexit


Japan’s financial sector has “concerns” about Britain’s exit from the European Union, Philip Hammond said on Thursday after he sought to reassure the country’s banks that London was striving to guarantee them “maximum possible access” to EU markets post-Brexit.

The chancellor, who is in Japan to meet government officials and business leaders, said he had been “seeking to engage with Japanese businesses, particularly in the financial services sector, about the challenges and opportunities” presented by Brexit.

“We’ve been clear that we will seek maximum possible access to European markets on a reciprocal basis for our firms in terms of goods and services,” he said. Full Story

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