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Cameron Demands Risk U.K. Becoming Hedge Fund Island for Merkel

Bloomberg – U.K. Prime Minister David Cameron and German Chancellor Angela Merkel are both talking up competitiveness — in two incompatible languages.

Cameron’s determination to protect the financial-services powerhouse in London and tame what he sees as the bureaucratic leviathan known as the European Union risks turning his country into an island of hedge funds, in the German view.

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