02-12-2017, 01:16 PM
Stephen Crabb, a former work and pension secretary, said that Theresa May urgently needed to outline a new set of values for a post-Brexit immigration system, or the public may face a rude awakening. “For many, a vote for Brexit was indeed a vote to take back control and return to Westminster the full tools to cut immigration,” Crabb said in a article for the Guardian. “The problem is that, set against the popular expectation that Brexit means cutting immigration, there is nothing on the horizon to suggest that achieving any significant reduction is achievable or even desirable.”
Brexiters face rude awakening on immigration, says ex-minister | Politics | The Guardian
Senior lobbyists and politicians from Paris, France believe that 10,000 jobs in the financial sector could migrate to the city from London as a result of Brexit, with as many as 30,000 moving if jobs indirectly related to financial services are included in any count. At a press conference in London on Monday, a panel of delegates from Paris — including the City's vice-mayor Jean-Louis Missika, the president of the Paris region, Valerie Pecresse, and Gerard Mestrallet, the chairman of the lobbyist Paris Europlace — addressed the future of the City of London and the movement of jobs to continental Europe after Brexit.
Paris wants to steal banking jobs from City of London - Business Insider
One of Germany's most senior banking regulators has warned London that it is likely to lose its role as "the gateway to Europe" for vital financial services. Dr Andreas Dombret, executive board member for the German central bank, the Bundesbank, said that even if banking rules were "equivalent" between the UK and the rest of the European Union, that was "miles away from access to the single market".