Jones – Loss of EMA and EBA jobs a consequence of Government’s hard Brexit course

The European Medicines Agency, which employs almost 900 people in Britain, will be relocated to Amsterdam as a result of Brexit, it was announced today. The new home of the European Banking Authority, which employs 150 people in London, is expected to be announced later today. 

Commenting, Darren Jones MP, leading supporter of Open Britain, said:

“Nobody who cares about the future of our country should feel anything other than dismay at the sight of over a thousand skilled jobs in Britain being auctioned off to other countries. But this is a direct consequence of the hard and destructive Brexit course this Government is taking.  

“It could well be just the tip of the iceberg. A tenth of firms have already begun activating their Brexit contingency plans, with many more to come in the New Year. For many, this will involve moving jobs out of the UK to the Continent, as leaving the Single Market will mean that many areas of business will legally have to be relocated out of Britain.

“As voters see the Brexit squeeze continue to cost jobs and raise prices and that Brexit will cause real and continued damage to our country, they have a right to keep an open mind about leaving.”

/ends 

Notes to editors:

The European Banking Authority employs 159 staff in London: http://www.eba.europa.eu/about-us/careers/multimedia/eba-at-glance

The European Medicines Authority employs 897 staff in London:http://www.ema.europa.eu/docs/en_GB/document_library/Annual_report/2017/05/WC500227334.pdf

The UK will need to pay the cost of relocating the EMA, which is believed to be as much as £520 million:http://www.independent.co.uk/news/uk/politics/brexit-latest-news-european-medicines-agency-move-london-eu-cost-bill-520-million-nhs-europe-a7873226.html