Tuesday June 2, 2020

As the great Brexodus begins, Ireland readies itself

Thousands of jobs in the City of London are being scattered around Europe by the chaotic force of Brexit, and quite a few of them are coming across the Irish Sea

Ian Guider

Markets Editor

31st March, 2019
Some of the leading firms in the City of London will turn off the lights after Brexit, shifting assets worth billions of euro out of town Picture: Getty

The outcome of Britain’s decision to leave the European Union was still up in the air as Friday’s deadline ticked by.

But for bankers, insurers, fund managers and thousands of workers in many other sectors, it didn’t matter. The die has already been cast, as companies have already begun the process of moving some of their businesses out of Britain.

Bank of America is one of them. According to...

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