Chancellor George Osborne has said Brexit would put "tens of thousands" of financial services jobs under threat, in his latest bid to convince the British public to remain in the European Union.
Analysis from the Treasury claims 285,000 jobs in this sector are connected to financial services exports to the EU. Of this, 100,000 jobs are directly linked to the EU, while another 185,000 rely on indirect demand coming from this link. Quoting this statistic, the Chancellor said leaving the single market "would be catastrophic for jobs and income", adding everyone in the industry "who know what is at stake [must] speak up". "Tens of thousands of jobs in financial services and connected industries would be at risk if Britain votes to leave the EU on June 23," Osborne said. His...
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