Let me tell you a little story from my corner office from where I stamp many business plans.
All entrepreneurs I have seen are ambitious: they want their ideas and businesses to thrive. They are not content with standing still.
As such they are continuously looking ...
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All entrepreneurs I have seen are ambitious: they want their ideas and businesses to thrive. They are not content with standing still.
As such they are continuously looking ...
1/
... they are continuously looking to grow their business, to find new markets and to reduce costs.
Many of them operate in multiple business sectors. And they want to allocate their capitals efficiently.
This means they will invest more ...
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Many of them operate in multiple business sectors. And they want to allocate their capitals efficiently.
This means they will invest more ...
2/
... they will invest more in projects where the returns are higher.
So for them efficient markets with standardised practices which allows constant review of the cost base is very important for the capital allocation.
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So for them efficient markets with standardised practices which allows constant review of the cost base is very important for the capital allocation.
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As a country, Britain has many key advantages in doing business: from skilled workforce to access to capital.
But interrupting global supply chains will inevitably lead to a decline in manufacturing.
So for a post Brexit Britain to thrive more than today ...
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But interrupting global supply chains will inevitably lead to a decline in manufacturing.
So for a post Brexit Britain to thrive more than today ...
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Britain will need to overcompensate in services and in particular financial services.
Now, considering the huge risks we had in 2008 / 2010 financial crisis, to have our country dependent even more on financial services is a huge risk, which is usually blowing up ....
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Now, considering the huge risks we had in 2008 / 2010 financial crisis, to have our country dependent even more on financial services is a huge risk, which is usually blowing up ....
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... at regular intervals of around 10 years.
We can't risk not having a diversified economy even though we might be best in the world at financial services.
But what financial services will we actually be best of post Brexit? ...
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We can't risk not having a diversified economy even though we might be best in the world at financial services.
But what financial services will we actually be best of post Brexit? ...
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As China, US, EU or India or any mid-size economy have developed financial services with significant barriers of entry and significant regulations, the UK will be looking in attracting and dealing with financial resources from dodgy players in small and corrupt countries...
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... Is this what we want our country to be? To be the international sponsor of dodgy and corrupt business people and politicians? People who may be stealing from the poorest people in the world and which seldom have no respect for the environment?
Is this what Brexit means?
8/8
Is this what Brexit means?
8/8
