A report by Ernst & Young states that London could lose 18,000 legal and accounting services jobs if the U.K. no longer has access to the single market once the country leaves the European Union. The accounting giant estimates that a loss of passporting rights for euro-denominated clearing could cost London a total of 83,000 jobs.
November 14, 2016 at 05:40 AM
1 minute read
Continental Breakfast: your daily update on what’s happening in Europe.
A private report by EY has stated that London could lose 18,000 legal and accounting services jobs if the U.K. no longer has access to the single market once the country leaves the European Union, the Financial Times reports.
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