EY: Post-Brexit operational relocations stabilise five years on from Article 50 trigger

Since the UK's referendum to leave the EU, called by the Conservative government under David Cameron, 97 out of 222 of the country's largest financial services firms have announced plans to move some UK operations and staff to the EU. In the six years following the referendum, 24 firms publicly declared they will transfer just over £1.3trn in UK assets to the EU as a result of the vote - a figure which EY said has remained "broadly flat" over the past 18 months. The Brexit tracker shows that Brexit-related operational announcements have stabilised, as "strategic commercial decisions a...