London mayor urges businesses to join drive against hard Brexit

Bloomberg

London Mayor Sadiq Khan will urge business leaders to warn their governments of the threat posed to Europe by the “hard Brexit” advocated by UK Prime Minister Theresa May in her speech.
Speaking at the World Economic Forum in Davos, Khan, who is a member of the opposition Labour Party, was expected to say that securing “privileged” access to European Union single market after Britain quits the bloc is “critical” for the UK capital.
“If we continue on this path — towards a ‘hard Brexit’ — we risk having to explain to future generations why we knowingly put their economy, their prosperity and their place on the world stage in such peril,” Khan will say, according to extracts released by his office. “Tell your political leaders that a ‘hard Brexit’ deal is not in the best interests of your company. This won’t be easy. But I’m confident that despite the prime minister’s rhetoric, there is still a sensible deal to be done.”
Khan, who campaigned for Britain to stay in the EU, will say that cutting the rest of the continent off from its “only truly global financial center” will damage the prosperity of the bloc as well as the UK Describing hard Brexit as a “lose-lose situation,” he will emphasize London’s role in European business and seek support to maintain its links.