Financial services is not a special case


city of londonAs this piece in the FT reports, there is a commitment being made by David Davis and his team as they negotiate Brexit to ensure that Bankers and Financial Service providers can continue to trade post Brexit for at least three years. A lawyer who works within the City of London states “I think this is where we are actually going — towards a two-way regulatory recognition system. I think that system can be workable and it is achievable.” It seems to me that this precisely what was promised by the Vote Leave team for all of us. They claimed that this would be the case not just for 3 years but on an ongoing basis. It is lovely to think that David Davis and his team are concerned for the City of London and our Financial Services industries for the next five years. What we now need him to do is apply the same approach to the rest of society on a permanent basis as we were promised by him and his colleagues.

“There is a European free trade zone from Iceland to the Russian border and we will be part of it… Britain will have access to the Single Market after we vote leave… The idea that our trade will suffer because we stop imposing terrible rules such as the Clinical Trial Directive is silly.” and “It will be possible to negotiate a new settlement with the EU, including a UK-EU free trade deal, by the next general election in May 2020”

Of course if this is not what David and his team can offer us, then along with promises such as the £350m a week for the NHS and many other promises that they have now jettisoned, it seems clear that what 17m people voted for is no longer on offer. Thus the need for a second referendum now that the provision we have been offered has changed out of all proportion is vital. In 2016 we voted to leave based on a number of criteria. That justified the approach taken by Parliament, albeit in a rather chaotic manner to begin the process of packing our bags and calling for a taxi to take us to the train station. However the destination is no longer as it was a year ago and insisting that people must take that on the chin, whilst Parliament can play fast and loose with our future is totally unacceptable. The train may well be at the station but if it is travelling to a different destination from the one on the ticket that 17m people purchased on our behalf, then we are no longer obliged to make the journey.

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About ianchisnall

I am passionate about the need for public policies to be made accessible to everyone, especially those who want to improve the wellbeing of their communities. I am particularly interested in issues related to crime and policing as well as health services and strategic planning.
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