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I know little of these things but could the UK accept such a deal and then reduce corporation tax further to keep the City. Like way low. The government could recoup loss with increasing income tax, VAT, council tax and reduce welfare. They could put the blame on Brexit and the EU now hating us. It even sounds like something the Tories would do.
That would be an excellent negotiating strategy.
I can't really see what the counter move would be.
... other than just totally lie about the terms of the deal.