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Financial services contribute £71.4bn in taxes

The financial services sector accounted for £71.4bn of the country’s total tax receipts, figures from PwC and the City of London Corporation show.

That is a record high and an increase of 7.4% on the year.

The figures underline the importance of securing future passporting rights enabling the sector to sell its services across the EU.

Click here for the full Independent article

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