The narrative of a mass exodus of City jobs has already been consigned to the Project Fear dustbin of history, with just 2,000 jobs now expected to move in the event of no-deal, compared to wild predictions of over 230,000 before the referendum. Now the FT of all places is reporting that EU asset managers are actually considering moving to the UK because of Brexit.
That wasn’t in the script…
EU fund managers are up in arms over EU rules which would force them to trade dual-listed shares on uncompetitive EU exchanges after Brexit if the Commission refuse to give them access to London after Brexit.
The German Investment Funds Association said that “without equivalence granted to UK trading venues, we see the real possibility of EU27 fund managers locating operations in the future in the UK”. London’s pull as the financial capital of the world is just too strong, whether the EU likes it or not…
EARLIER COMMENT –
Owen Paterson is a key Brexiteer. Yet he supports GM foods, fracking, 5G, LED and anything that will kill Britons and destroy their lives and lifestyle. The Tories are captured by an agenda which is not pro-Brussels as once they were – under Hague. Political destruction of Britain has already, for now, been achieved without the need for the EU. Blair and Cameron did all that was necessary to destroy faith in our democracy. Environmental destruction and destruction of the population’s health is now top of the elite’s gameplan.
Ian Crane hopes that political life will revive after Brexit, but he points out it won’t be through Parliament or the media that it will happen. It will be through the activism of people in their communities awakening to multiple threats to their health and environment. The EU has been the key political agent of our destruction. Brexit could be the harbinger of the destruction of our health and environment. Only if political life can revive can we do anything to turn back the threats. Farage and his Brexit Party is also pro-fracking, pro-5G, and pro-GM, pro-Glyphosate. The era of Brexiteer politicians being our friends could end on March 29th.
The Battle for Britain’s political survival would be started by Brexit, not ended. That must be part of the battle for our physical, cultural, spiritual and environmental survival. Which politicians can we look to to fight for us on these fronts? Brexit has acted as a blind while the threats are ramped up.