Top City Lobby Group U-Turns and Embraces Brexit

Number one square mile lobby group TheCityUK has performed a complete u-turn, abandoning its Remain position and instead embracing Brexit. TheCityUK – which represents major banks and professional services firms – said leaving the EU is a “once-in-a-generation opportunity” and declared:

“TheCityUK is a strong believer in the potential opportunities that the UK’s departure from the European Union will offer.”

Before Brexit they said:

“A Brexit risks damaging our industry in the UK through uncertainty, reduced market access and a loss of influence over trading conditions. Major global businesses also come to London to access the Single Market – but that position is dependent on the legal freedoms made available by the Treaties and Single Market legislation. The overall competitiveness of the UK as a place to do business would therefore be threatened by Brexit.”

Screech…


Euro News



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Quote of the Day

Ed Davey on who he would like to see lead a government of national unity

“Yvette Cooper for obvious reasons, she’s been very high-profile in cross-party work, and I’ve also mentioned Hilary Benn as chair of the Brexit Select Committee. But it would not be for me here to make that suggestion, it would be for others working cross-party. I think it probably has to be a Labour MP because most of the MPs supporting a Queen’s Speech would be Labour. Ultimately it’s a challenge to my Labour colleagues, many of who realise a no-deal Brexit would be deeply damaging to their constituents.”

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