Britain’s financiers are determined to keep as much of their operations as possible in the UK after Brexit, predicting that London will remain one of the world’s preeminent business centres.
Businesses are reviewing their position in the UK but are making only minor changes to staffing, according to EY’s financial services Brexit tracker.
Few companies have publicly commented on their plans. Of the 222 tracked by EY, 15pc said they expect to move some staff, while 10pc actively re-committed themselves to the UK.
The figures indicate that there is no headlong rush to the door – despite fears from some in the sector that the vote to leave the EU would prompt an exodus from the City of London.
See more at:http://www.telegraph.co.uk/business/2017/02/13/finance-firms-keen-keep-staff-britain-post-brexit/