Nearly half of FS firms prepared to move as just 12% expect a Brexit deal
Industry News | 05/08/19
54% of financial services firms believe a further Brexit extension is the most likely outcome on 31 October, with 34% expecting the UK to leave with no-deal and only 12% expecting to leave with a deal agreed, according to an EY poll.
Nearly half (42%) of firms say they would be prepared to transfer UK business to a global centre outside the EU on Day 1 in a no-deal scenario, with most choosing the US (13%).
Source: Financial Reporter
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