Competitiveness counts for little when there are barriers to our competitive service sector even selling their services in the EU.
Competitive in financial services? Doesn’t matter, as we don’t have passporting anymore, so British banks and insurers have to set up on-shore locally-regulated entities to sell their services in the EU.
Competitive in professional services? Doesn’t matter either, as there’s no longer any mutual recognition of professional qualifications.
Competitiveness counts for little when there are barriers to our competitive service sector even selling their services in the EU.
Competitive in financial services? Doesn’t matter, as we don’t have passporting anymore, so British banks and insurers have to set up on-shore locally-regulated entities to sell their services in the EU.
Competitive in professional services? Doesn’t matter either, as there’s no longer any mutual recognition of professional qualifications.
Etc.