--- title: "Meaning & Key Takeaway of: As the U.K.'s position as a global…" description: "\"As the U.K.'s position as a global financial services hub weakens, our competitors will lose no time in attracting jobs in services from our shores.\" —..." image: "https://sms4smile.com/quotes/i/c9e/jo-johnson-17974_financial-services_as-the-u-k-s-position-as-a-global-financ_670930.jpg" --- # As the U.K.'s position as a global financial services hub… ![“As the U.K.'s position as a global financial services hub weakens, our competitors will lose no time in attracting jobs in services from our shores.” quote by Jo Johnson](https://sms4smile.com/quotes/i/c9e/jo-johnson-17974_financial-services_as-the-u-k-s-position-as-a-global-financ_670930.jpg) [Download](https://sms4smile.com/quotes/i/c9e/jo-johnson-17974_financial-services_as-the-u-k-s-position-as-a-global-financ_670930.jpg) [Open image](https://sms4smile.com/quotes/i/c9e/jo-johnson-17974_financial-services_as-the-u-k-s-position-as-a-global-financ_670930.jpg) > “As the U.K.'s position as a global financial services hub weakens, our competitors will lose no time in attracting jobs in services from our shores.” [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The weakening of the UK's financial hub status will prompt competitors to attract jobs from the UK. **In simple terms:** UK's financial decline will push rivals to hire UK workers. Key Takeaway Adapt to shifting global talent flows. Themes economics competition globalization Mood analytical strategic Type policy economic When to use this quote - policy planning - career decisions - business strategy Key Concepts labor markets strategic positioning Questions to Reflect On - How can the UK retain talent? - What sectors can stay competitive? A Different Perspective Assumes competitors can easily relocate jobs. ★ ★ ★ ★ ★ No ratings yet [Financial services](https://sms4smile.com/quotes/about/financial-services/) [Global](https://sms4smile.com/quotes/about/global/) [Global Financial](https://sms4smile.com/quotes/about/global-financial-249646/) [Hub Weakens](https://sms4smile.com/quotes/about/hub-weakens-5327081/) [Lose](https://sms4smile.com/quotes/about/lose/) [Money](https://sms4smile.com/quotes/about/money/) [No time](https://sms4smile.com/quotes/about/no-time/) [Position Global](https://sms4smile.com/quotes/about/position-global-5327080/) [Time](https://sms4smile.com/quotes/about/time/) [Weakens Competitors](https://sms4smile.com/quotes/about/weakens-competitors-5327079/) [Will](https://sms4smile.com/quotes/about/will/) ## Related quotes > [Travelex has grown into a global business in just 25 years. The acquisition of Thomas Cook's Global & Financial Services has created a business…](https://sms4smile.com/quotes/lloyd-dorfman/travelex-has-grown-into-a-global-business-in-just-25-years-the/) [Lloyd Dorfman](https://sms4smile.com/quotes/author/lloyd-dorfman/) > [The global financial system consists of firms in the financial services sector - banks, hedge funds, insurance companies and the like - and various…](https://sms4smile.com/quotes/john-l-casti/the-global-financial-system-consists-of-firms-in-the-financial/) [John L. Casti](https://sms4smile.com/quotes/author/john-l-casti/) > [I got plenty of guesses wrong on things in the past as well. I don't want to pretend I have some great insight... But…](https://sms4smile.com/quotes/james-packer/i-got-plenty-of-guesses-wrong-on-things-in-the-past-as-well-i-don-t/) [James Packer](https://sms4smile.com/quotes/author/james-packer/) > [“Governments had socialized the liabilities of the core institutions of the global financial system.”](https://sms4smile.com/quotes/martin-wolf/governments-had-socialized-the-liabilities-of-the-core-institutions/) [Martin Wolf](https://sms4smile.com/quotes/author/martin-wolf/) > [What we know about the global financial crisis is that we don't know very much.](https://sms4smile.com/quotes/paul-samuelson/what-we-know-about-the-global-financial-crisis-is-that-we-don-t-know/) [Paul Samuelson](https://sms4smile.com/quotes/author/paul-samuelson/) > [As long as global financial conditions normalize in an orderly fashion, EMEs should have sufficient time to adjust.](https://sms4smile.com/quotes/jerome-powell/as-long-as-global-financial-conditions-normalize-in-an-orderly/) [Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/) > [“The most convincing and enduring foe of the global financial economy ultimately is the global financial economy itself. - Ulrich Beck”](https://sms4smile.com/quotes/richard-swift/the-most-convincing-and-enduring-foe-of-the-global-financial-economy/) [Richard Swift](https://sms4smile.com/quotes/author/richard-swift/) > [The global crisis is caused by pathologies inherent in the global financial system itself.](https://sms4smile.com/quotes/george-soros/the-global-crisis-is-caused-by-pathologies-inherent-in-the-global/) [George Soros](https://sms4smile.com/quotes/author/george-soros/) > [Today, even small entities that trade complex instruments or are granted sufficient leverage can threaten the global financial system.](https://sms4smile.com/quotes/paul-singer/today-even-small-entities-that-trade-complex-instruments-or-are/) [Paul Singer](https://sms4smile.com/quotes/author/paul-singer/) > [There's no doubt that decisions made by the leading central banks do affect the global financial markets and, consequently, our situation.](https://sms4smile.com/quotes/elvira-nabiullina/there-s-no-doubt-that-decisions-made-by-the-leading-central-banks-do/) [Elvira Nabiullina](https://sms4smile.com/quotes/author/elvira-nabiullina/) > [We detested folk music because it was cerebral and sedate and we had no time for that. But the Byrds were OK because they…](https://sms4smile.com/quotes/ron-mael/we-detested-folk-music-because-it-was-cerebral-and-sedate-and-we-had/) [Ron Mael](https://sms4smile.com/quotes/author/ron-mael/) > [There's no time for being babies or being scared. If you're scared, go to church.](https://sms4smile.com/quotes/stephen-jackson/there-s-no-time-for-being-babies-or-being-scared-if-you-re-scared-go/) [Stephen Jackson](https://sms4smile.com/quotes/author/stephen-jackson/) > [There's no time in the NFL, especially as a specialist, to pat yourself on the back. It's a week-to-week, game-to-game, kick-to-kick kind of job.](https://sms4smile.com/quotes/stephen-gostkowski/there-s-no-time-in-the-nfl-especially-as-a-specialist-to-pat-yourself/) [Stephen Gostkowski](https://sms4smile.com/quotes/author/stephen-gostkowski/) > [I was, indeed, forced to take a break for two years. I was down with arthritis and hormonal imbalance. To add to my woes,…](https://sms4smile.com/quotes/mumtaj/i-was-indeed-forced-to-take-a-break-for-two-years-i-was-down-with/) [Mumtaj](https://sms4smile.com/quotes/author/mumtaj/) > [The beauty about tennis is there's no time limit.](https://sms4smile.com/quotes/jessica-pegula/the-beauty-about-tennis-is-there-s-no-time-limit/) [Jessica Pegula](https://sms4smile.com/quotes/author/jessica-pegula/) ## More by Jo Johnson > [There is no precedent of an advanced economy withdrawing from a trade agreement as deep and as complex as the European Union.](https://sms4smile.com/quotes/jo-johnson/there-is-no-precedent-of-an-advanced-economy-withdrawing-from-a-trade/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [No one voted for a Brexit that will tie us to the E.U.'s customs rules and prevent us striking meaningful trade deals of our…](https://sms4smile.com/quotes/jo-johnson/no-one-voted-for-a-brexit-that-will-tie-us-to-the-e-u-s-customs-rules/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [The case for Brexit was made on rhetorical flourishes and promises and bluster. A lot of promises on which people voted have turned out…](https://sms4smile.com/quotes/jo-johnson/the-case-for-brexit-was-made-on-rhetorical-flourishes-and-promises/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [There is no place in world where you can do higher education better than in the UK.](https://sms4smile.com/quotes/jo-johnson/there-is-no-place-in-world-where-you-can-do-higher-education-better/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [Although I voted Remain, I have desperately wanted the Government, in which I have been proud to serve, to make a success of Brexit:…](https://sms4smile.com/quotes/jo-johnson/although-i-voted-remain-i-have-desperately-wanted-the-government-in/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [Some Brexiteers are passionate defenders of the benefits of immigration. Others just can't wait to slam the doors shut.](https://sms4smile.com/quotes/jo-johnson/some-brexiteers-are-passionate-defenders-of-the-benefits-of/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [It is of course true that many of our universities are large and complex organisations, requiring highly skilled individuals to run them effectively.](https://sms4smile.com/quotes/jo-johnson/it-is-of-course-true-that-many-of-our-universities-are-large-and/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [We talk, as any brothers, or as most brothers do, particularly when you are involved in politics.](https://sms4smile.com/quotes/jo-johnson/we-talk-as-any-brothers-or-as-most-brothers-do-particularly-when-you/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [A vote to leave would be a leap into the dark that would put our status as a science superpower at risk. That is…](https://sms4smile.com/quotes/jo-johnson/a-vote-to-leave-would-be-a-leap-into-the-dark-that-would-put-our/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [If we are serious about Global Britain, we must recognise that international students bring huge benefits to our universities, our local economies and our…](https://sms4smile.com/quotes/jo-johnson/if-we-are-serious-about-global-britain-we-must-recognise-that/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [I grew up in Brussels.](https://sms4smile.com/quotes/jo-johnson/i-grew-up-in-brussels/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [Brexit was meant to be about taking back control, we are ceding control; it was meant to be about trade deals, we are not…](https://sms4smile.com/quotes/jo-johnson/brexit-was-meant-to-be-about-taking-back-control-we-are-ceding/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [Brexit has divided the country. It has divided political parties. And it has divided families too.](https://sms4smile.com/quotes/jo-johnson/brexit-has-divided-the-country-it-has-divided-political-parties-and/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [I want to make it very-very clear that Indian students are warmly welcome to U.K.](https://sms4smile.com/quotes/jo-johnson/i-want-to-make-it-very-very-clear-that-indian-students-are-warmly/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [The Government has boxed itself in by trying to codge together this weird fake Brexit in the hope of committing people to somehow delivering…](https://sms4smile.com/quotes/jo-johnson/the-government-has-boxed-itself-in-by-trying-to-codge-together-this/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) [Explore all 36 Jo Johnson quotes ](https://sms4smile.com/quotes/author/jo-johnson/) ## More Financial services quotes > [Exchanging bitcoin on behalf of ransomware victims should not be construed as criminal activity by the exchanger, not as a matter of law nor…](https://sms4smile.com/quotes/perianne-boring/exchanging-bitcoin-on-behalf-of-ransomware-victims-should-not-be/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [I work in lockstep, hand in glove, with the prime minister on these issues, and as we are supportive to the Eurozone so they…](https://sms4smile.com/quotes/nick-clegg/i-work-in-lockstep-hand-in-glove-with-the-prime-minister-on-these/) [Nick Clegg](https://sms4smile.com/quotes/author/nick-clegg/) > [The financial crisis of 2008 created a seismic shift in the dynamics of trust in financial services. FinTech would have happened without the global…](https://sms4smile.com/quotes/taavet-hinrikus/the-financial-crisis-of-2008-created-a-seismic-shift-in-the-dynamics/) [Taavet Hinrikus](https://sms4smile.com/quotes/author/taavet-hinrikus/) > [My background in financial services and my experience as a state representative have given me the ability to identify our country's fiscal problems and…](https://sms4smile.com/quotes/darlene-senger/my-background-in-financial-services-and-my-experience-as-a-state/) [Darlene Senger](https://sms4smile.com/quotes/author/darlene-senger/) > [“On Rachel's show for November 7, 2012: Ohio really did go to President Obama last night. and he really did win. And he really…](https://sms4smile.com/quotes/rachel-maddow/on-rachel-s-show-for-november-7-2012-ohio-really-did-go-to-president/) [Rachel Maddow](https://sms4smile.com/quotes/author/rachel-maddow/) > [Travelex has grown into a global business in just 25 years. The acquisition of Thomas Cook's Global & Financial Services has created a business…](https://sms4smile.com/quotes/lloyd-dorfman/travelex-has-grown-into-a-global-business-in-just-25-years-the/) [Lloyd Dorfman](https://sms4smile.com/quotes/author/lloyd-dorfman/) > [Rising incomes and positive demographics will provide opportunities for retail financial services in India.](https://sms4smile.com/quotes/chanda-kochhar/rising-incomes-and-positive-demographics-will-provide-opportunities/) [Chanda Kochhar](https://sms4smile.com/quotes/author/chanda-kochhar/) > [I want to help create the world's first global currency built on the Internet and built on open platforms and standards such as Bitcoin,…](https://sms4smile.com/quotes/jeremy-allaire/i-want-to-help-create-the-world-s-first-global-currency-built-on-the/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [We believe digital payments are making financial services more universally affordable, accessible and, therefore, have the opportunity to drive financial inclusion and financial health…](https://sms4smile.com/quotes/dan-schulman/we-believe-digital-payments-are-making-financial-services-more/) [Dan Schulman](https://sms4smile.com/quotes/author/dan-schulman/) > [The growth of FinTech has been driven by adoption across age groups, but the demand from the millennial generation to innovate and think about…](https://sms4smile.com/quotes/taavet-hinrikus/the-growth-of-fintech-has-been-driven-by-adoption-across-age-groups/) [Taavet Hinrikus](https://sms4smile.com/quotes/author/taavet-hinrikus/) > [The Financial Services Racial Equity, Inclusion, Economic Justice Act includes my bipartisan bill, the Promoting New and Diverse Depository Institutions Act... My bill will…](https://sms4smile.com/quotes/jake-auchincloss/the-financial-services-racial-equity-inclusion-economic-justice-act/) [Jake Auchincloss](https://sms4smile.com/quotes/author/jake-auchincloss/) > [The changing nature of money is only one facet of the financial services revolution.](https://sms4smile.com/quotes/anonymous/the-changing-nature-of-money-is-only-one-facet-of-the-financial/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [There's a market for fiction based on financial services. People wanted me to write stories based on this sector. There's a gap in the…](https://sms4smile.com/quotes/ravi-subramanian/there-s-a-market-for-fiction-based-on-financial-services-people/) [Ravi Subramanian](https://sms4smile.com/quotes/author/ravi-subramanian/) > [Nine out of ten adult Americans have a checking account. It's the most widely used financial services product in the United States.](https://sms4smile.com/quotes/carolyn-maloney/nine-out-of-ten-adult-americans-have-a-checking-account-it-s-the-most/) [Carolyn Maloney](https://sms4smile.com/quotes/author/carolyn-maloney/) > [When I first went into financial services, people told me not to be too over-optimistic about change.](https://sms4smile.com/quotes/dan-schulman/when-i-first-went-into-financial-services-people-told-me-not-to-be/) [Dan Schulman](https://sms4smile.com/quotes/author/dan-schulman/) [Browse all 122 Financial services quotes ](https://sms4smile.com/quotes/about/financial-services/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "As the U.K.'s position as a global financial services hub weakens, our competitors will lose no time in attracting jobs in services from our shores.", "creator": { "@type": "Person", "name": "Jo Johnson" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/jo-johnson/as-the-u-k-s-position-as-a-global-financial-services-hub-weakens-our/", "about": { "@type": "Thing", "name": "Financial services" }, "@id": "https://sms4smile.com/quotes/jo-johnson/as-the-u-k-s-position-as-a-global-financial-services-hub-weakens-our/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c9e/jo-johnson-17974_financial-services_as-the-u-k-s-position-as-a-global-financ_670930.jpg", "contentUrl": "https://sms4smile.com/quotes/i/c9e/jo-johnson-17974_financial-services_as-the-u-k-s-position-as-a-global-financ_670930.jpg", "url": "https://sms4smile.com/quotes/i/c9e/jo-johnson-17974_financial-services_as-the-u-k-s-position-as-a-global-financ_670930.jpg", "width": 1080, "height": 1080, "caption": "“As the U.K.'s position as a global financial services hub weakens, our competitors will lose no time in…” — Jo Johnson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Jo Johnson", "item": "https://sms4smile.com/quotes/author/jo-johnson/" }, { "@type": "ListItem", "position": 4, "name": "As the U.K.'s position as a...", "item": "https://sms4smile.com/quotes/jo-johnson/as-the-u-k-s-position-as-a-global-financial-services-hub-weakens-our/" } ], "@id": "https://sms4smile.com/quotes/jo-johnson/as-the-u-k-s-position-as-a-global-financial-services-hub-weakens-our/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```