Re: The Single Market . . . A Huge Non Event!
Originally Posted by Banchory
So youíre advocating moving jobs to Europe and losing all the Tax revenue generated by selling financial services to Europe
Why do you think that will make us better off?
I'm advocating the banks paying for their employees to move to EU countries to ensure passporting can be maintain in the case of a no-deal Brexit.
We are talking about a few hundred jobs - mainly admin and HR, nothing to write home about - there are thousands and thousands (and thousands) of financial sector workers in London alone.
Who said we would lose Tax revenue by moving a few hundred workers to the EU to maintain continuity ? That doesn't make sense, the financial trading and sales etc are still done here.
The alternative (as I mentioned before) is for us to remain in the EU and pay 10 billion + a year of tax payers money to be a member of it and in return have the least integration of all 28 member states of the single market.
Its not rocket surgery.