Bloomberg Businessweek: How The City Will Be Affected By Brexit
Nov 6, 2018
In an article titled “No Sleep Till Brexit: The City Scrambles to Deal With Quitting the EU”, Bloomberg Businessweek explores the impact of Brexit on the City, and how it would look like after Brexit.
It highlights our report, The Impact of the UK's Exit from the EU on the UK-based Financial Services Sector, saying that if there’s no deal, UK-based firms would face severe restrictions on EU-related business, and half the City’s revenue tied to the bloc—£20 billion in annual revenue—would be at risk of slipping away. So, too, would 35,000 jobs and £5 billion in tax revenue.