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UK fights LSE’s corner in Europe
Britain will urge EU officials today to reject “political interference” and “vested interests” when ruling on plans to create the world’s biggest stock exchange. Though the EU has said it plans to block the £5.8bn deal between Deutsche Boerse and NYSE, City minister Mark Hoban will say in a speech at rival bourse the London Stock Exchange that “we cannot afford to sit back and sacrifice competition and customer welfare”.