Sunak Vows to Set London Free as EU Equivalence Hopes Die
- Chancellor declares U.K. will use freedoms for banks ‘fully’
- Sunak: Need ‘mature’ relationship with China for finance
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Chancellor of the Exchequer Rishi Sunak suggested he has given up on securing the financial services equivalence deals he wanted with the European Union, declaring he will now make the most of the U.K.’s freedom to set its own rules.