Brexit hits ability of UK fintech to lure top talent: report

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Leaving the European Union is making it harder for fintech firms in Britain to r...

LONDON - Leaving the European Union is making it harder for fintech firms in Britain to recruit top talent, a report said on Tuesday, threatening to slam the brakes on a 7 billion pound growth sector just as EU states step up competition.

“Since the Brexit vote in June 2016, there has been a significant decrease of graduates coming to the UK from France and Germany in particular,” said Miles Celic, chief executive of TheCityUK. “There is a risk that those talented migrants with the skills needed by the UK will leave before these skills can be replaced by home-grown talent,” Celic said.

 

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