[1andrew1]

Originally Posted by papa smurf

Brexit: 'No alignment' with EU on regulation, Javid tells business

https://www.bbc.co.uk/news/uk-politics-51157933

To his credit, Javid knows the damage this will cause the country

Sajid Javid: The only thing leaving the EU guarantees is a lost decade for British business
I was Culture Secretary at the time, and the company’s chief executive was explaining why they’d chosen the UK for their main base outside North America.
It had a lot to do with wealth of creative talent here. But the clincher was the Single Market – it meant they could broadcast to up to half a billion viewers across 28 countries and only have to deal with regulators in the UK. Thanks to common standards across Europe, they didn’t have to worry about meeting the demands of dozens of different local bureaucrats.
It was a similar story when I worked in financial services. If I wanted to seal a deal in, say, Paris, all I had to do was hop on a train, get the paperwork signed and head home again. My biggest worry was whether I’d be back in time to put the kids to bed.
I’m a Eurosceptic and proud of it. I think the Euro is a bad idea. I have no time for ever-closer union and I’ve long been a vocal critic of Brussels’ worst excesses.
But, just like Bank of England Governor Mark Carney and IMF head Christine Lagarde, I still believe that Britain is better off in. And that’s all because of the Single Market.
It’s a great invention, one that even Lady Thatcher campaigned enthusiastically to create.
The world’s largest economic bloc, it gives every business in Britain access to 500 million customers with no barriers, no tariffs and no local legislation to worry about.
It’s no surprise that nearly half of our exports go to other EU nations, exports that are linked to three million jobs here in the UK. And as an EU member we also have preferential access to more than 50 other international markets from Mexico to Montenegro, helping us to export £50 billion of goods and services to them every year.
Even companies that are neither exporters nor part of the export supply chain – your local corner shop, for example – benefit from the economic growth that kind of access brings.

https://www.sajidjavid.com/news/saji...itish-business