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England estimates 5,000 financial services jobs to move to Europe by Brexit Day


Devdiscourse News Desk United Kingdom
Updated: 10-10-2018 19:04 IST
England estimates 5,000 financial services jobs to move to Europe by Brexit Day

John Glen told lawmakers that he agreed with Bank of England estimates that 5,000 financial services jobs will have moved to continental Europe by the time Britain is due to leave the EU next March. (Image Credit: Twitter)

Britain's financial services minister said he would do all he can to ensure that the City of London continues to be major financial centre after Britain leaves the European Union, although thousands of jobs will move to the continent.

John Glen told lawmakers that he agreed with Bank of England estimates that 5,000 financial services jobs will have moved to continental Europe by the time Britain is due to leave the EU next March.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : United Kingdom

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