Post-Brexit optimism in the City—despite regulatory uncertainty

22-04-2022

Post-Brexit optimism in the City—despite regulatory uncertainty

Ben Reid, insurance partner, EY

Worst-case scenario fails to materialise, but challenges remain for EC3.

Brexit may feel like old news to some, but with major uncertainties around the future of trade regulations the repercussions of the UK’s exit from the EU are very much an ongoing concern for the City of London.

On a positive note, the worst-case scenario of a ruinous exodus of assets, operations and people from the City post-Brexit has not been realised.

According to the latest, and final, results of the EY Financial Services Brexit Tracker staff and operational relocations have been revised down from peak figures.


EY, Brexit, Insurance, Reinsurance, Ben Reid, London Market, UK

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