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Brexit

London fights Brexit exodus as pace of banker relocation slows

The City is hiring more staff again, putting fears of a hard Brexit behind them

City watchers initially feared a significant brain drain after EY tracked some 12,500 potential job moves in the months after 2016's referendum result
City watchers initially feared a significant brain drain after EY tracked some 12,500 potential job moves in the months after 2016's referendum result Photo: Richard Baker/Getty Images

The City has defied expectations about how many staff would relocate to Europe over Brexit, according to EY's latest tracker.

The consultancy's latest tally shows the pace of an initial flight of talent from London has slowed.

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