Should I stay or should I go? (infographic)

GFC - Infographic Financial services firms on the move due to Brexit_ENG (07-03-2017)While the public is waiting for the British government to begin exit talks with the European Union, many companies within the financial services industry are already preparing for a “hard Brexit” and subsequently the potential loss of free access of their services and products into the EU: Around 10,000 jobs in the British financial industry, mainly based in London, are scheduled to be relocated to another member state of the EU ─ many more are likely to follow.

This is the result of a media survey of the British and German press for the period of 20 January to 1 March 2017, done by Gerle Financial Communications. Our infographic shows the relocation of jobs by financial companies and institutions in question, as it has been announced in the media. Estimates by different think tanks and consultants for the number of jobs the City might lose due to the Brexit, range from 30,000 to 85,000 jobs.