Britain on Sunday downplayed the risk of the European Union taking business away from the City of London after Brexit, saying the real challenges come from New York, Tokyo and other areas. Britain completed its exit from the EU at the end of 2020, but the last-minute free trade deal that replaced membership of the bloc did not include arrangements for free trade in financial services - the engine of Britain’s economy.Data published on Thursday showed Amsterdam has displaced London as Europe’s biggest share trading centre after Britain left the EU’s single market, and picked up a chunk of British derivatives business. ... (full story)