'Significant' risk to UK firms if passporting rights lost after Brexit
The scale of disruption that Brexit could cause to UK businesses has been revealed by figures showing that 5476 UK-registered companies rely on ‘passports’ to carry out business in other European countries.
Of these companies, 2758 are insurance brokers and 220 are insurers according to figures published by the Financial Conduct Authority on Tuesday.
Andrew Tyrie, chairman of the Treasury select
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