£1trn in assets left the EU since referendum

EY Brexit Tracker

clock • 2 min read

More than 7,500 jobs and over £1trn in assets have left the country since the EU referendum, according EY.

EY's Brexit Tracker revealed that that more than 400 UK financial services had been relocated to Europe in the last quarter ahead of the Brexit transition period ending on 31 December. The tracker, which monitors the public statements made by 222 of the largest financial services firms with significant operations in the UK, revealed that 88 firms have confirmed at least one location in Europe where they are moving or considering moving to or adding staff since the referendum. Deep Dive into UK equities: Time to hold your nerve? Dublin remains the most popular destination for staff ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Insight: Navigating new opportunities in commodities

Partner Insight: Navigating new opportunities in commodities

A unique investment opportunity is in the making as we move from the coal and oil-centred story of the last century to the renewable, clean energy chapter of the future. Watch the discussion to learn more.

Sarka Halas
clock 15 February 2024 • 1 min read
'The recession that did not happen': How investors should be positioned for 2024

'The recession that did not happen': How investors should be positioned for 2024

Wellington co-head of investment strategy

Natasha Brook-Walters
clock 06 February 2024 • 4 min read
Investment Company of the Year Awards Winners Interview - Allianz Technology Trust PLC

Investment Company of the Year Awards Winners Interview - Allianz Technology Trust PLC

clock 05 February 2024 • 3 min read
Trustpilot