EU threatening sanctions to stop Britain undercutting Eu economy after Brexit

Financial Times reports

• The EU is threatening sanctions to stop Britain undercutting the continent's economy after Brexit, including "tax blacklists" and penalties against state-subsidised companies, according to a leaked strategy paper.
• The measures, outlined in a presentation to EU27 member states last week, show the bloc wants unprecedented safeguards after the UK leaves to preserve a "level playing field" and counter the "clear risks" of Britain slashing taxes or relaxing regulation.

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