LONDON: The UK government will on Friday unveil post-Brexit plans to overhaul and preserve its powerful financial services industry, as it also seeks to boost a flagging economy facing recession.Finance minister Jeremy Hunt will outline reforms “to drive growth and secure the UK’s position as a world-leading financial services hub”, the Treasury said in a statement.Under the plans, banks without major investment activities will be released from a ringfencing regime that currently seeks to separate retail and investment banking arms.The country’s financial regulators will be given a “new remit” to help deliver economic growth.And a “widespread review” will see the Conservative UK government r
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