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
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
