Good morning. Its tuesday 31st october. Im annita mcveigh. Welcome to bbc newsroom live the bank of england is warning that 75,000 jobs could be lost from britains Financial Services sector if the uk leaves the European Union without a trade deal. Senior figures at the bank of england are said to be using the number as a reasonable scenario in their planning for the future but are thought to be optimistic that negotiations will be successful. 0ur economics editor, kamal ahmed, reports. It will be one of the toughest challenges facing the brexit negotiators, untangling the multitrillion pound Financial Services industry which links the uk with the rest of the European Union. Banks and Financial Companies based in britain pay £67 billion in taxes each year and contribute a trade surplus of £58 billion, helping the uks economy. Many eu countries would like a slice of the sector and see brexit as an opportunity. Frankfurt and paris, for example, are marketing themselves as new places to
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