Britain at risk of losing leading edge in maritime services

FILE PHOTO: Shipping containers stacked on a cargo ship are seen in the dock at the ABP port in Southampton, Britain August 31, 2019. REUTERS/Hannah McKay/File Photo

LONDON (Reuters) – Britain’s position as a top hub for maritime services is being eroded by competition, a loss of shipping finance business and the removal of tycoon-friendly tax breaks, a report said, deepening uncertainty for its financial sector as Brexit nears. The UK has been a pivotal global shipping center for centuries, especially the […]

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