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.
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?