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Brexit uncertainty could lead to an exodus of 232.000 jobs from Britain, warns LSE

Thursday, January 12th 2017 - 08:53 UTC
Full article 10 comments

UK’s powerhouse financial sector would face heightened risk and an exodus of 232,000 jobs without certainty over Britain’s Brexit deal, MPs in the House of Commons have heard. Xavier Rolet, chief executive of the London Stock Exchange Group (LSE), said two thirds of the job losses would be felt outside Greater London, with the blow coming as soon as the euro clearing operation leaves Britain’s shores. Read full article


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  • Voice

    “two thirds of the job losses would be felt outside Greater London”

    Do they mean like the South East...?
    Hey The Voice...I'll give you 50k for your suburban semi...whilst it's still worth something...;-))))

    Jan 12th, 2017 - 01:16 pm - Link - Report abuse -3
  • ChrisR

    Warns the LSE!


    They should talk to the Canuck of The BoE, he's changed his tune now that his and Osborn's 'data' has been shown to have no substance at all.

    Oh the Remoaners, not going well is it, all these lies and 10 years of no money?

    Jan 12th, 2017 - 01:47 pm - Link - Report abuse -1
  • Englander

    If I remember correctly, Manchester, Glasgow and Edinburgh were important financial centres after London.

    Jan 12th, 2017 - 07:18 pm - Link - Report abuse 0
  • Briton

    warns LSE

    Another expert that talks with fork tongue,

    They should be sent to Argentina to give them the benefit of their expert

    Jan 12th, 2017 - 08:15 pm - Link - Report abuse +1
  • ElaineB

    The 2016-17 Times World University Rankings ranked LSE at 25th globally and placing it 5th in the country.

    I think everyone accepted that there would be job loses as a result of Brexit and the uncertainty we will be living under for years. I thought the Leave voters considered it a fair price to pay.

    Jan 12th, 2017 - 08:18 pm - Link - Report abuse 0
  • The Voice

    Heard all this stuff over and over. Thing is the British public dont seem to be listening. They knew better than the experts, perhaps they know better than the LSE?

    High Tide tonight Voicy. Your pangs are showing :-)))

    Semi? Suburban? Need to go to Specsavers… Fail…

    Jan 12th, 2017 - 08:51 pm - Link - Report abuse -3
  • Englander

    Seems EU's tough negotiator Barnier has indicated this evening, that EU will need to retain full access to London's financial markets. The City may need to employ more Bankers rather than less.

    Interesting times.

    Jan 13th, 2017 - 10:15 pm - Link - Report abuse 0
  • golfcronie

    The LSE has always been far left.

    Jan 14th, 2017 - 03:13 pm - Link - Report abuse -1
  • ElaineB

    The LSE always had the reputation of being the political rebel but in all honesty Warwick has taken that trophy in recent times.

    That said, it would be foolish to write off anything based on a perceived view of a University. The LSE is a well respected establishment with a whole spectrum of ideals. I know many a right-winger who has graduated from LSE.

    Jan 15th, 2017 - 10:03 pm - Link - Report abuse 0
  • :o))

    I assumed that the “Leave Voters” were more concerned about the SECURITY - Property, Life/Health & Job-Security and did not care much about the Int'l. Economy.

    Jan 17th, 2017 - 06:06 am - Link - Report abuse 0

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