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