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00:00:00
if britain breaks it's the city will shrink , according to a study commissioned by the city of london corporation a british exit from the european union would stifle the capital's financial clout speech , london's financial district generated fourty five billion pounds in twenty fourteen and that is expected to grow by another sixteen billion pounds of the next ten years roaches senior u. k. banking correspondent not scuffing says that target is at stake for the concern here is that if a person that's designed to put out here union , that will impact on the amounts of overall contribution that it makes the economy , the contribution that could be worth a hundred forty five thousand new jobs over the next decade , hefty figure considering investment banks across europe a slashing jobs to meet tougher demands from regulators , well the city of london itself generates a lot of prosperity generates a lot of prosperity in the rest of , that would be lost jobs go from the city prosperity because this is , those people right have the money to reinvest incident rest of the economy , prime minister david cameron has pledged to give voters a referendum by the end of twenty seventeen but while britain prepares to rethink its ties with the e. u. london leaves a warning if unemployment in the city souls the whole country will feel the hits