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City of London Sees Potential in Liz Truss’s ‘Radical’ Policies

Candidate for PM reaching out to firms ignored during Brexit
Sunak trails in race to replace Johnson after Covid tax hikes

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By Katherine Griffiths

September 1, 2022 at 6:15 AM UTC

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After an international career in finance, a rapid political rise and high profile as chancellor of the exchequer during the pandemic, Rishi Sunak must have expected the full-throated backing of the financial sector when he made a bid to lead the Conservative Party and the UK.