Quote:
Originally Posted by 1andrew1
The trouble is in the absence of a plan from the British Government, companies will have to do what Lloyds of London is doing and set up some operations within the EU at the cost of British jobs and taxes.
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To be fair, this was pointed out (and ridiculed) during the run up to the referendum:
Thousands of banking and insurance jobs for the chop if UK leaves EU, firms warn
Quote:
insurance market Lloyds of London has warned Brexit could put thousands of financiers out of work.
"A material number" of the 34,000 jobs in the London insurance market "may be at risk" if the UK leaves the EU, Lloyds warned.
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