Thread: UK & EU Agree Post-Brexit Trade Deal
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Old 01-10-2020, 20:05   #4141
1andrew1
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Re: Brexit-Transitional Period Ends 31/12/20
As a patriotic Brit, I find it sad when I read news like this about the dimininshing of one of our key sectors and the resultant loss of jobs, taxes and influence to this country.

Quote:
Brexit Prompts 7,500 City Jobs, $1.6 Trillion to Leave U.K.

Financial services firms operating in the U.K. have shifted about 7,500 employees and more than 1.2 trillion pounds ($1.6 trillion) of assets to the European Union ahead of Brexit -- with more likely to follow in coming weeks, according to EY.

About 400 relocations were announced in the past month alone, the consulting firm said in a report on Thursday that tracks 222 of the largest financial firms with significant operations in the U.K. Since Britain voted to leave the bloc in 2016, the finance industry has added 2,850 positions in the EU, with Dublin, Luxembourg and Frankfurt seeing the biggest gains.
https://www.bloomberg.com/news/artic...n-to-leave-u-k
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