Campaigners for "leave" dismissed this as scare-mongering. With the vote result confirmed, the "remain" camp sought to shift away from warnings and into damage control: trying to maintain confidence in the business community and among households.
The City of London Corporation, which represents the financial services industry, a big maker of money and jobs for the country, sought to downplay the impact of the vote on the City, the square mile that is the heart of London's financial hub.
"The City of London has thrived as a financial and trading center for more than a thousand years and will continue to do so," Mark Boleat, policy chairman for the Corporation, said in a statement. "There will be no mass exit of banks and financial institutions from the square mile. While there will be uncertainty as Brexit negotiations go on we are still the financial center of the fifth-largest economy in the world."
Well I'm glad we got that cleared up. Apparently Leave were lying their collective asses off for saying that!!! Although they still didn't tell the whole truth. If they had told the whole truth it would have read "we are still the largest financial centre in the world by a large margin". In fact the EU economy is less than half the value of the financial transactions we carry out and less than one third of the world economy.
There is, in fact, more opportunity outside the EU than within it. The EU economy is $16tn. The world economy is over $60tn...
As predicted. The remain camp are having to walk away from Project Fear and present the real and true picture.
I do wonder, just for fun's sake, how betrayed the remain voters will feel as the message changes, the economy remains strong and new opportunities come our way???
