My answer to Which city will most likely replace London as Europe's financial centre after Brexit?
Answer by Desmond Last:
Theresa May would be the person most suited to answer this Question. May is turning the exodus of U.K based business to Europe into a crusade.
May would appear to be content to leave new investors to the U.K with absolutely no idea what the tax regime and CE compliance costs are going to be in terms of per item cost or per invoiced amount. Thus leaving them with no way of being able to forward plan product development cost repayment and carry out viability forecasting let alone market placement costs.
Theresa May also sits ideal while the entire Police Force of the United Kingdom allow U.K based Cyber Criminals to escalate company costs and scare off new investors.
I have been in business all my life. A numero Uno rule is less hassle equals more profit.
The U.K is becoming not worth the hassle.
The rest of Europe meanwhile makes hay whilst the sun is setting on the U.K Economy.
Germany must be loving it and the contenders to the French Presidency must be factoring in GDP growth on the basis of U.K economic decline. Spain must be forecasting a drop in unemployment and Italy will be already wooing U.K based business.
If I were in Europe my people would be in the U.K now knocking on companies doors. We would be offering all sorts of inducement with Government support to come to Europe where cyber crime laws are enforced and Government economic plans are strategies not sound bytes.
My money is on Frankfurt, Germany. This is a quote from Uwe Becker, Frankfurt’s deputy mayor.“We’ve got to get ahead of the situation on Brexit before other cities like Paris and Milan do,”