- The City of London has relinquished hopes the U.K. will retain full access to the European single market for goods and services, according to the FT.
- Officials from the financial sector have concluded that a Norway-style deal is untenable, and are now looking to imitate and build on Switzerland's deal with the EU, where only some industries have full access to the single market.
- Will that mean the relocation of banking staff?
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