Brexit hit to London may top £9.5bn a year without EU financial services deal
Industry News | 10/02/21
London, at the heart of the UK’s service sector economy, may lose up to £9.5bn in economic output a year from Brexit.
And it could be worse if a post-Brexit deal on financial services doesn’t eventuate, research out this morning finds.
Financial services, which was carved out from the post-Brexit trade deal between the UK and the EU, may account for more than £2bn in lost GDP per year.
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