Sweden Warns U.K. Against Aggressive Tax Cuts Amid Brexit Talks

  • PM of Sweden urges U.K. not to drag out exit process too much
  • Sweden’s Loefven to hold talks with Merkel in coming week
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The U.K. should avoid any drastic steps to cut corporate taxes, or similar measures, as it prepares to start talks on leaving the European Union, Swedish Prime Minister Stefan Loefven said.

The premier of the largest Nordic economy also said the U.K.’s exit from the 28-nation bloc “shouldn’t take longer than necessary.”