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City firms paid £76.5bn in tax

The City of London Corporation and PwC's report come as the sector waits to see what relationship it will have with the European Union

The UK’s financial services sector contributed £76.5bn in tax in the last fiscal year.

The 10 February joint report from the City of London Corporation and PwC notes the figure is slightly up from the £75.5bn contributed by the sector in the previous year.

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