First this from the BBC:
Large banks are getting ready to relocate out of the UK early next year over fears around Brexit, the British Bankers’ Association (BBA) has warned.
Writing in The Observer, its boss Anthony Browne also says smaller banks could move operations overseas by 2017.
“Their hands are quivering over the relocate button,” he wrote. Most banks hadbacked the UK remaining in the EU.
Mr Browne also said the current “public and political debate at the moment is taking us in the wrong direction.”
Hmmm. The BBC is reporting on an article written in the Observer by one Anthony Browne who is scaremongering over Brexit.
Banks and Tory MPs last night dismissed as ‘nonsense’ dire warnings that financiers will move their business abroad due to Brexit.
Anthony Browne, head of the British Bankers’ Association, sparked fury yesterday by saying smaller banks could react to the uncertainty by moving operations overseas within weeks.
Mr Browne – a former journalist for the BBC…
Ah, now it becomes clear: the pro-Remain BBC is reporting on a pro-Remain article written by a former BBC journalist. Odd that the BBC didn’t mention the connection, isn’t it?
They really do think we are stupid, don’t they?