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Western EuropeApril 5 2022

London keeps crown as Europe’s finance capital as Brexit job relocations fall

Total planned Brexit-related moves in UK financial services sector drop by almost 60% from peak in 2016. Burhan Khadbai reports.
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London keeps crown as Europe’s finance capital as Brexit job relocations fall

Almost six years on from its decision to leave the EU, the UK remains Europe’s main financial services hub as Brexit-related job relocations continue to be revised down.

The total number of planned job relocations from UK financial services firms to the EU stood at just over 7000 at the end of March, down from 7400 in December 2021 and from 12,500 at the peak in 2016, according to the latest figures from EY’s Financial Services Brexit Tracker.

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