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CityAM takes a leaf out of the Express...
Headline: "London retains finance jobs as Brexit fails to deliver blow to the City"
Body: "Financial firms in London have already moved around 7,500 jobs and ÂŁ1 trillion in assets to new EU hubs as a result" https://www.cityam.com/london-retains-finance-jobs-as-brexit-fails-to-deliver-blow-to-the-city/
Headline: "London retains finance jobs as Brexit fails to deliver blow to the City"
Body: "Financial firms in London have already moved around 7,500 jobs and ÂŁ1 trillion in assets to new EU hubs as a result" https://www.cityam.com/london-retains-finance-jobs-as-brexit-fails-to-deliver-blow-to-the-city/
The argument being made is that because firms hired more staff in the last 4 years than have been moved overseas, Brexit wasn't an issue.
But that's like saying that a bath with the tap running and a leaky plug isn't losing any water.
If it wasn't leaking it would be fuller.
But that's like saying that a bath with the tap running and a leaky plug isn't losing any water.
If it wasn't leaking it would be fuller.
It's a very Tory way of counting...
"Look, everyone... 20,000 new nurses. Aren't we fantastic?"
"But 18,000 nurses quit, so..."
"Shh. You're spoiling my vibe."
"Look, everyone... 20,000 new nurses. Aren't we fantastic?"
"But 18,000 nurses quit, so..."
"Shh. You're spoiling my vibe."
Circling back to the beginning of this thread, ÂŁ1 trillion is around 10% of the total assets managed by the City.
That's a pretty hefty chunk! Imagine someone saying to you "hey, I'm just going to cut out 10% of your body - cool with that?"
https://cdn.ymaws.com/www.export.org.uk/resource/resmgr/media/news/key-facts-about-the-uk-as-an.pdf
That's a pretty hefty chunk! Imagine someone saying to you "hey, I'm just going to cut out 10% of your body - cool with that?"
https://cdn.ymaws.com/www.export.org.uk/resource/resmgr/media/news/key-facts-about-the-uk-as-an.pdf
