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Editorial Board

Europe Will Regret Stealing London’s Finance Business

Negotiators should seek to keep trade as free as possible.

Agglomeration has its advantages.

Photographer: Dan Kitwood/Getty Images

In quitting the European Union, the U.K. has handed its former partners a golden opportunity: Seize some of the lucrative financial services business that London has long dominated.

It’s a temptation that European officials would do well to resist.