One of the consequences of Brexit is that EU institutions based in the UK, such as the Banking Authority (170 jobs) and the Medicines Authority (900 jobs) must leave Britain. The medicines approval body is to move to Amsterdam and the Banking watchdog to Paris. The 27 countries remaining had set up a complex voting system to choose the new homes, but it is a reminder of how powerful the major economies are that neither agency is moving to Prague, Dublin or Warsaw, other cities who were among the candidates. We wonder if the 1000 or so staff involved were consulted. Local employees at lower grades and support staff may well be redundant rather than be relocated to Amsterdam or Paris.
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The vote for the banking watchdog went down to the wire with
13 votes each for Paris and Dublin. It was then decided by drawing lots which
was fair. So the idea that only the big powerhouses of the EU are getting the
cream is false. The local workers can only look to the UK for someone to blame.
David from Montricoux
Thank you for that clarification, David.
