Quote:
Originally Posted by Chris
In which case, you already understand that the potential headcount loss to the Eurozone is trivial compared to the size of the sector in London, and your previous comments are mischief-making at best ...
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It's initially small in headcount but the threat to the City is by making it gradually less competitive. And a capital outflow of a trillion is no small sum.
https://edition.cnn.com/2019/01/07/i...ets/index.html
Despite your assertion that London is the No. 1 financial city in the world, that has recently ceased to be so.
https://en.wikipedia.org/wiki/Global..._Centres_Index
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Quote:
Originally Posted by Dave42
cabinet minsters saying in the I softer Brexit now and Philip Hammond saying to business MPs won't allow a no deal and remember vast majority remain parliament
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I think yesterday was probably the day that a no-deal Brexit died.
Sebastian Payne in the FT says that Theresa May has two choices:
1. Pursues a softer Brexit which includes membership of the Customs Union. This would be acceptable to Parliament but would break the Tories as BoJo, pals, and members would not like the constraints on trade deals it imposes.
2. Prioritises the Conservative party she joined as a teenager and take a stance that harms the country?
She will need to decide by Monday and present her plans to Parliament then.