Dream Big, this world belongs to YOU!
Small minds remain with flocks guided by shepherds!
Dream Big, this world belongs to YOU!
Small minds remain with flocks guided by shepherds!
The Bank of England expects that Britain will lose up to 75,000 financial services jobs. The predictions come out during the BoE assessment of British-based financial services firms’ contingency plans in order to minimize disruption after Brexit in 2019.
Kamal Ahmed, the BBC’s economics editor, is asking form the senior figures of the Bank to specify the numbers of this prediction with UK-EU financial services deal in order to understand the ‘reasonable scenario’ of the bank.
Ahmed wrote, “The BoE thought the figure could vary depending on the terms on which Britain left the EU, and that 75,000 was at the upper end of projections provided by other groups.”
Let see what Jon Cunliffe and Sam Woods, BoE deputy governors who cover financial services, will say to the English parliament committee about Brexit on Wednesday.
The big question is still, will Britain miss the expected March 2019 deadline of leaving the EU, as Theresa May hinted last year in the House of Commons?
Hundreds of thousands of supporters of a unified Spain filled Barcelona’s streets on Sunday in one of the biggest shows of force yet by the so-called silent majority that has watched as regional political leaders push for Catalan independence.
Political parties opposing a split by Catalonia from Spain had a small lead in an opinion poll published on Sunday, the first since Madrid called a regional election to try to resolve the country’s worst political crisis in four decades.
Polls and recent elections have shown that about half the electorate in the wealthy northeastern region, which is already autonomous, oppose secession from Spain, but a vocal independence movement has brought the current crisis to a head.
Spain’s central government called an election for Dec. 21 on Friday after sacking Catalonia’s president Carles Puigdemont, dissolving its parliament and dismissing its government. That followed the assembly’s unilateral declaration of independence in a vote boycotted by three national parties.
The regional government claimed it had a mandate to push ahead with independence following an unofficial referendum on Oct. 1 which was ruled illegal under Spanish law and mostly boycotted by unionists.
Waving thousands of Spanish flags and singing “Viva España”, protesters on Sunday turned out in the largest display of support for a united Spain since the beginning of the crisis -- underlining the depth of division in Catalonia itself.
“I‘m here to defend Spanish unity and the law,” said Alfonso Machado, 55, a salesman standing with a little girl with Spanish flags in her hair.
“Knowing that in the end there won’t be independence, I feel sorry for all the people tricked into thinking there could be and the divisions they’ve driven through Catalan society.”