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

Amazon’s Ring gets in a privacy scandal

Facebook Is Creating A Stablecoin For Its WhatsApp Users

IBM offers to use the first quantum computer

Passport Numbers Of 5 Million Customers Hacked: Concedes Marriott

China Lifts Approval Freeze On New Video Games Launch

Concentrated Solar Plant System To Dispatch Electricity To The Grid On Demand

Unique Underground Transportation Tunnel Revealed By Elon Musk

Toyota is trying to revive demand for Prius

Deloitte: Smart speakers will show record sales in 2019

China takes the lead in quantum cryptography

World Politics

World & Politics

Macedonia ignites political crisis in Greece

Brazil turns right

Merkel’s Pledge Of A United Germany in 2019

Murder Suspects Of Jamal Khashoggi Put On Trial By Saudi Arabia

Japan is trying to save its population with robots and migrants

Germany closes the last coal mine

US launches investigation against Airbus

European regions with the most polluted air