Daily Management Review

Britain’s Finance Service Industry Will Not Face Job Exodus: Brexit Minister David


04/12/2018


The Brexit minister says the “most successful financial” centre of the world will retain the “critical mass” post Brexit.



Brexit Minister, David Davis informed on Thursday, April 12 2018, that Brexit will not even scratch the large part of the “vast financial services industry” of Britain, while the sector will be even experience “fewer job losses” in comparison to what was feared earlier.
 
Addressing a conference at London, Davis stated:
“There is not going to be a mass migration, the critical mass is still going to be here”.
“The reason that the City is the biggest and most successful financial center in the world, not just in Europe, is it is not just Europe, it’ about the mass of skills, the business environment here, it’s about the reliability of tax law.”
 
 
References:
reuters.com







Science & Technology

DNA Sequencing Project Proposed For All Complex Life Forms On Earth By An Int’l Team

Facebook may start production of its own microprocessors

Long-Term Alcohol Monitoring Could Be Possible With A New Injectable Chip Developed By U.S. Researchers

Sweden Now Has The First Electrified Road In The World

Over 270,000 Account Globally Banned From Twitter For Promotion Of Terrorism

Device Capable Of Hearing The Inner Voice Developed By Researchers

New mobile technologies will warn about natural disasters

The brewing industry welcomes blockchain

Asset-Sharing App Of Ryder Is Meant For Commercial Vehicles

Credit Suisse: China will become the leader in AI sphere

World Politics

World & Politics

Debates over Google are heating as a new EU directive is about to be introduced

Will Merkel accept Macron's plans for Europe?

USA and China are pushing North Korea to denuclearization

Germany's dilemma: Will the atomic energy win?

A Forceful Response To Syria Attack Will Be Given By U.S.: Trump

Is Trump’s Maximum Pressure Tactic On North Korea Succeeding Because Of China?

Why are Turkey-EU relations moving back?

Record-Breaking $39 Million raised for Rare Cancer Research in 2018 by Cycle for Survival