Sadiq Khan: A hard Brexit equals loss in investment and jobs

Germany Brexit

"Maybe, just maybe, I'm reaching the point of thinking that we should have a second referendum ... on European Union membership", Mr Farage told Channel Five's The Wright Stuff programme.

Plaid Cymru Westminster leader Liz Saville-Roberts said: "We remain hopeful that the Labour Party will work with us and take the opportunity to defeat the Tories". They will go on whinging and whining and moaning all the way through this process.

"If everyone just points the finger at the other side and says, "You have to make an offer to me, you have to tell me what you want", then I ask myself: what makes us so sure that 24 months of transition period will be enough? And Blair can disappear off into total obscurity".

The analysis by Cambridge Econometrics predicts that a no-deal Brexit could shed as many as 87,000 jobs in London alone, with the capital's economic output 2% lower in 2030 than what would be expected under a soft Brexit.

Wenger hints that Alexis can leave, but on one condition
Wenger also confirmed that he has no intention of leaving himself, amidst continuing question marks over his own position. Do I stay for one year or 10 years, it's exactly the same.

Chancellor of the Exchequer Philip Hammond, who initially opposed Brexit and has subsequently pushed for a "soft" divorce with the United Kingdom inside the EU's Single Market, appeared to embrace the idea.

In the case of a no-deal hard Brexit, with 29,000 fewer jobs by 2030 than if we remained in the Single Market and Customs Union. A "no deal" hard Brexit is still a very real risk - the worst possible scenario.

The Morgan McKinley report is one of the starkest data points yet showing how hiring has slowed as firms struggle to get clarity on what access they will have to Europe's financial markets following Brexit. While the forward-looking Cambridge study is dealing in potentialities, recruiters on the ground in London question Morgan McKinley's historic figures for December: when it comes to front office recruitment, at least, they say they're far busier than they were a year ago.

Comparatively, maintaining the status quo would see migration falling from 232,000 in 2020 to 220,000 a decade later. At the moment, most derivatives denominated in euros are cleared in London through LCH, a subsidiary of the London Stock Exchange which reported record volumes past year across multiple clearing services.Its interest rate derivatives clearing service, SwapClear, which dominates clearing of euro-denominated swaps or derivatives, processed trades with a notional value of more than $873 trillion in 2017.LCH is the only clearing house operating in the European Union that, once turned into a foreign company by Brexit, could be deemed substantially systemically important by European Union regulators, Hubner said.

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