McFarlane Calls for U.K. to Eliminate Financial-Center Threats

  • Taxation, levies, regulation, infrastructure are obstacles
  • The U.K. should be taking the lead in a reformed Europe

The U.K. must eliminate disadvantages that are threatening its long-term future as a financial center to create a stable environment that doesn’t stifle innovation and growth , according to John McFarlane, chairman of financial services lobby group TheCityUK, and of Barclays Plc.

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