Bloomberg reports that HSBC Holdings Plc’s investment bank chief Samir Assaf said a hard Brexit is now unlikely after the U.K. election, and that could mean more jobs staying in London.
Source: HSBC’s Assaf Says More London Jobs May Stay on Softer Brexit – Bloomberg
Since Theresa May’s disastrous election, business leaders and economic experts have been piling in, arguing the case for a soft Brexit. So far, only a brave few have addressed the real elephant in the room that ‘No Brexit’ is economically far better than a ‘Soft Brexit’. But it’s not fashionable to talk of ‘No Brexit’ after the referendum. However, it’s possible that there could be a pendulum swing back to Remain with a major national event.
Another thought, perhaps the UK people might remember that Boris Johnson told a few porkies in his Brexit case and that might tarnish his political image, trying to become the next leader of the Conservative Party? . After all, the cards have come crashing down since the Brexit referendum, haven’t they?
Thoughts?
Dr Alf's Blog 