Originally Posted by OLD BOY

I don’t see the value in defining it by date or a particular event. We will know we have all our ducks in a row - current issues such as the NI border and fishing resolved, EU laws replaced, new-style trade deals in place with services an integral part of them, and businesses taking advantage of the new environment to make up for and exceed the initial losses incurred with separation.

We will know it when we see it.

---------- Post added at 16:26 ---------- Previous post was at 16:17 ----------



How can you doubt it? You want to try reading some EU Directives and ask yourself how you would comply with them all if you were running a business.

We were faced with having to take an extra lawyers where I worked before to negotiate our way through very complicated EU legislation, and there was a lack of certainty about the conclusion reached on whether or not actions we took were ‘safe’ legally because the ECJ often went beyond what was actually required by law when making its judgements. The Acquired Rights Directive was a nightmare to apply when staff were transferring from one company to another.

There is a piece in today’s Telegraph about how much better the City will be able to operate as it frees itself from EU rules.

https://www.telegraph.co.uk/business...roker-finncap/

[EXTRACT]

The head of the City broker FinnCap has said Brexit has been a boost to the Square Mile as it has allowed regulators to ditch EU red tape.

Sam Smith, chief executive of the London-listed business, said more money is going into UK growth companies than ever before and the City is working “very well”, despite warnings that it would lose business and jobs to the Continent following Britain’s break with Brussels.

“To me, Brexit has not been anything other than quite positive ... we are seeing signs that actually the regulatory regime could be changed in a positive way post-Brexit to really make this ecosystem fly,” she said.

The comments came as new research from EY found that fears of a mass exodus of City workers failed to materialise as the flow of bankers and traders moving to the EU went into reverse this year.

Hundreds of thousands of jobs were said to be at risk if the UK voted to leave. However, the exodus has been far lower than expected with fewer than 10,000 workers thought to have relocated.

Separately, the City watchdog implemented a set of sweeping reforms of London’s listing rules in December as regulators seek to make the City more attractive to fast-growing firms.

As part of the overhaul, the Financial Conduct Authority slashed free float requirements for listed companies in a bid to lure a new generation of start-ups to the London Stock Exchange.

It also permitted firms with dual-class share structures to claim places in the leading share indices and draw on a wider pool of investors including tracker funds.

Ms Smith said: “We have had a great funding environment, there is lots of investment coming into the UK, there is money to back startups and scale up businesses. And that’s continued to come from overseas, which has gotten much better since Brexit.”