Britain needs 'new paradigm' for financial services trade with EU - Hammond

Britain will need a "new paradigm" to sell financial services to the European Union after Brexit as existing trade deals the EU has with foreign countries do not go far enough, the country's finance minister said on Tuesday.Philip Hammond, widely viewed as the most pro-European of Prime Minister Theresa May's senior colleagues, said in a speech at the annual dinner of finance association CityUK that future trading arrangements with the EU had to be "durable and fair".Britain has yet to start ser