The Business Times
SUBSCRIBERS

Top bankers warn of risk of 2017 exodus from Britain

UK minister says getting the best deal for the City will be an absolute priority in Brexit talks

Published Wed, Oct 12, 2016 · 09:50 PM

London

TOP bankers warned they could start moving staff abroad as early as next year if there is no clarity on whether Britain will retain access to the European single market when it leaves the European Union (EU).

Senior executives from European divisions of some of the world's biggest financial institutions told a conference in London on Tuesday they felt the government's tougher rhetoric on immigration risked harming the economy.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here