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EU flags waving in front of European Parliament building. Brussels, Belgium

Business groups brace for economic damage

Big Ben, Westminster Bridge on River Thames in London, the UK. English symbol. Lovely puffy clouds, sunny day

Economists warn of deep recession if the U.K. leaves the EU without a deal

Wall street sign in New York with American flags and New York Stock Exchange background.

Only 36% of respondents said London was the world's preeminent financial centre

42250157 - business investment opportunities on a global scale

Report warns a no-deal Brexit and weak economy could trigger asset price volatility

The firm is restructuring its capital markets business

45332813 - marketer's desk with analysis report ,calculator, glasses.

Expert recommends “clear, long-term framework for currency management”

big ben, bridge, river, london

Sixteen per cent of businesses have relocation plans and a further 13% are “actively considering” a move

big ben, bridge, river, london

The decision helps reduce one of the immediate uncertainties surrounding Brexit

  • By: Pan Pylas
  • September 11, 2018 October 11, 2019
  • 11:55
EU flags waving in front of European Parliament building. Brussels, Belgium

Financial services firms in the EU and the U.K. must identify potential risks and exposures stemming from the departure of the U.K. without an agreement

The U.K.’s debt as a percentage of GDP would also increase if Scotland votes to separate