Quote:
Originally Posted by Hugh
Whilst in principle I agree with you (shock, horror), we mustn’t throw the baby out with the bath water.
Financial Services in the U.K. are 7% of the economy, employ 1.1 million people, contributing over £130 billion to the economy, with £30 billion of tax revenue.
---------- Post added at 18:45 ---------- Previous post was at 18:18 ----------
https://www.bbc.co.uk/news/uk-politics-51706802 |
Yup, lose 7% in GDP with a no-deal Brexit but gain 0.16% with a trade deal with the US. Only the priviliged rich can comfortably take a hit like that.