Brexit

1,000 City jobs lost to Brexit so far — report

Financial services firms have Brexit contingency plans in place, but have transferred fewer jobs than expected so far, according to EY

1,000 City jobs lost to Brexit so far — report
Photo: Getty Images

For all of the complaints from major banks about the potential disruption from Brexit, fewer than 1,000 positions have been moved out of the UK to Europe, according to a survey released Thursday.

The report, from accounting giant EY, said that more jobs could yet go. The figure represents just 15% of the investment banking staff currently marked for relocation to Europe, the accountancy said.

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