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https://www.lfgss.com/comments/13991347/
What if Davis has been working out on what that number might be?
Obviously they'd need to keep that pretty close to their chests....
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Not looked at detail, but on the surface "regulatory" sounds goods/ services based as opposed to people.
People are the goods / service for a huge number of businesses though. This is why they're given free movement alongside the trading goods.
Hi there, large European multinational trading company, UK company here. We'd love to sell you our latest software product [Goods]. We'll be happy to install, maintain and run it for you [Services]. We have consultants [People] who can do all this for you...
Oh. They won't be able to help you as they can't get in and work in your country. Shame.
Maybe we can find another company here in the UK we can work with. Oh. They've all gone to Frankfurt.
At which point they'd no longer be in regulatory alignment though?
I guess we'll see. It does sound like one of the first things that they'll try to get rid of.
Without which, they'd be placing firms at a significant competitive disadvantage by not being allowed to recruit from around Europe, whilst still not being able to take advantage of less strict regs as they're in 'alignment'