Investment banks are already leaving London. Other jobs will follow
Djankov, S.
(2017).
Investment banks are already leaving London. Other jobs will follow.
(2017).
Investment banks are already leaving London. Other jobs will follow.
The Brexit exodus is already happening. Investment banks have announced plans to relocate jobs from London to Frankfurt and Dublin, and Warsaw is also likely to benefit. With 8% of the UK’s GDP coming from banking and finance, warns Simeon Djankov, the knock-on effects on other sectors – retail, education, entertainment and transport – will be considerable.