A thousand EU financial firms plan to open UK offices after Brexit

LONDON - More than a thousand banks, asset managers, payments companies and insurers in the European Union plan to open offices in post-Brexit Britain so they can continue serving UK clients, regulatory consultancy Bovill said on Monday.

As a first step, the companies, who until now have been able to serve UK customers directly from their home base, have applied for temporary permission to operate in Britain after Jan. 31 when the UK leaves the bloc, Bovill said, using figures obtained from Britain’s Financial Conduct Authority. Consultants EY said on Monday that large UK-based firms had now implemented plans enabling them to continue operating in the EU after Brexit. It maintained its estimate that around 7,000 positions would be relocated from London to the continent and a further 2,400 jobs created and hired for locally at the new EU hubs.

JonBenjamin19 Wow

WHY DO YOU LIE? The title doesn't match the content of the article. Aren't you a respectable media?

What about jobs in Staffordshire & Lichfield? We don’t care about London! Why would we care about what happens in London!

We're all doomed 🤔🤣

But...... but....... but

France Germany . A 1000 moving here . What happened to your EU doom story 80, 000 jobs to goto the EU utter rubbishWe have the second largest financial centre in the world and keeping it lYou will trade with us not the other way round in financial services as you have no choice

Well obviously! We'll be turning into a shitty tax haven for the rich to hoard their wealth. Not like the rest of us will see any of it.

Despite brexit...

Great! More offices, more commuting, more pollution so the wealthy can make more money. Have they never heard of teleconference!?🖥💻📱📞☎️🖨📠

Really. Please list all 1000 firms with e-mail ads so I can contact them to advise them with good financial sense

UK als bel;astingparadijs, TOP

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK will not automatically deport EU nationals after Brexit - VerhofstadtBritain will not automatically deport European Union citizens who have not appli... Amazing isn’t it? People have got two years to fill in a form for settled status and they’re even given a “grace” period after that. What an outrage! Who thought that would happen? Epictetus
Source: Reuters - 🏆 2. / 97 Read more »

UK to celebrate Brexit with flags and ‘light display’Boris Johnson has unveiled plans to mark the U.K.’s exit from the European Union with a light show, a countdown and a special address And the celebration is to be known as Brexitnacht. Oh God more Woke tears. Wow!!!! They are really celebrating isolationism and white Supremacist victory.
Source: politico - 🏆 381. / 59 Read more »

UK PM Johnson to impose new restrictions on low-skilled migrants post-Brexit: TelegraphBritain's Prime Minister Boris Johnson is preparing to impose new restricti... .julienne_davis it's time for change I hope so. Wonderful rational news
Source: Reuters - 🏆 2. / 97 Read more »

No normalization in relations yet, UK PM Johnson tells Russia's PutinBritish Prime Minister Boris Johnson told Russian President Vladimir Putin on Su... Why not why they have problem with Russia OK give us the report then. ReleaseTheRussiaReport What are you hiding? They did execute people in public on UK soil with plutonium so.... fuck russia
Source: Reuters - 🏆 2. / 97 Read more »

BritBox Hires Former Warner Executive Will Harrison As UK Managing DirectorThe BBC and ITV’s streaming service BritBox has named Will Harrison, the Ingenious Media managing director and former Warner Bros executive, as its UK MD. Harrison will begin work at BritBox …
Source: DEADLINE - 🏆 109. / 63 Read more »