Mayor of London: Leaving Single Market would damage London and the UKLeaving t...
Mayor of London: Leaving Single Market would damage London and the UK
Leaving the European Single Market would damage London and the UK ‘for decades to come’, resulting in tens of thousands fewer jobs, the Mayor of London, Sadiq Khan will warn tonight.
Speaking to business leaders at an event hosted by London First, the Mayor will say that while the national debate on Brexit has focused heavily on the Customs Union, it is the UK’s membership of the Single Market which has enabled London to become Europe’s capital for financial, professional and legal services, as well as for technology.
Even if a Customs Union arrangement is agreed as part of a Brexit deal, the Mayor believes the UK’s national competitiveness will be damaged permanently if the country does not remain part of Europe’s Single Market.
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Leaving the European Single Market would damage London and the UK ‘for decades to come’, resulting in tens of thousands fewer jobs, the Mayor of London, Sadiq Khan will warn tonight.
Speaking to business leaders at an event hosted by London First, the Mayor will say that while the national debate on Brexit has focused heavily on the Customs Union, it is the UK’s membership of the Single Market which has enabled London to become Europe’s capital for financial, professional and legal services, as well as for technology.
Even if a Customs Union arrangement is agreed as part of a Brexit deal, the Mayor believes the UK’s national competitiveness will be damaged permanently if the country does not remain part of Europe’s Single Market.
more...