High taxes could hasten bank moves from Britain after Brexit
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LONDON (Reuters) - Britain risks driving banks overseas if current high levels of taxation on the industry are maintained after Brexit, a bank lobby group said on Wednesday.Banks in London have already begun to make plans to move staff abroad ahead of Brexit, which will make it more difficult for them to do business in the European Union from Britain.UK Finance, which represents the country’s finance sector, has published research showing a typical bank in London has a higher tax burden than..