Mubasher: The Mayor of London, Sadiq Khan, has joined the country’s business leaders in warning from investment withdrawals in the short time, Reuters reported on Monday.
Companies may start moving jobs and investment out of the UK if they do not get a transition deal soon, as businesses were talking seriously over their concerns, Reuters added.
“The boss of Goldman Sachs tweeted last week that he was looking forward to spending more time in Frankfurt after Brexit, and Britain’s five leading business organisations warned on Monday that the threat to the economy was becoming critical,” Reuters noted.
It is worth mentioning that Prime Minister Theresa May has promised to preserve full access to the EU’s single market for two years after Brexit, limiting the disruption for firms with lack of knowing how to trade with their neighbors in the future, Reuters said.