EU to exclude financial services from post-Brexit deal

The EU intends to exclude the financial services sector from a trade deal with the UK after Brexit, according to the latest tweaks in the EU's draft negotiating guidelines.

EU citizens must also be granted permanent residency in the UK after 5 years of living there.

The new text spells out that any free trade deal that would allow the City of London, Europe’s leading financial centre, continued access to EU markets would require that Britain continues to respect the EU's regulato...