Jeffrey Viksjo, CFA
jeffrey.viksjo@ogorek.com

The video below shares some interesting details on the self-inflicted wounds happening in Britain on the heels of the Brexit uncertainty: 275 Financial Firms leaving London with 5,000 jobs on the line, and $800B in funds transferred out of the country, totaling 10% of the entire banking system.

Worse than Brexit itself, the uncertainty of Britain’s exit plan may be causing the most damage to its local economy.

 

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