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Financial services firms move £1.3tn out of UK since Brexit vote

Flow of assets and people from the UK to the EU is expected to continue, but at a slower pace

By

James Booth

According to data from EY’s latest Brexit tracker, £1.3tn of assets and 7,600 jobs have moved from the UK to the EU since the referendum
According to data from EY’s latest Brexit tracker, £1.3tn of assets and 7,600 jobs have moved from the UK to the EU since the referendum Photo: Jack Taylor/Getty Images

Financial services firms have said they have moved £1.3tn from the UK to the EU since the 2016 Brexit referendum.

Data from accountancy firm EY’s latest Brexit tracker also shows 7,600 financial services jobs have moved to the EU from the UK because of Brexit since the referendum.

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