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UK’s Brexit plan is ‘real blow’ to City

LONDON: The British government's new blueprint for Brexit is a "real blow" to London's all-important finance sector as it will damage jobs, tax revenues and growth, a City official said Thursday. "Today's Brexit white paper is a real blow for the UK's financial and related professional services sector," Catherine McGuinness, policy chairman of the City of London Corporation, said in a statement. "With looser trade ties to Europe, the financial and related professional services sector will be less able to create jobs,…