$1 Trillion Fleeing London Because of Brexit

How Would a 'Hard Brexit' Affect The U.K. Economy?

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January 7, 2019 at 9:39 AM EST

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Banks, insurers and money managers are planning to move about 800 billion pounds ($1 trillion) of assets from the U.K. to the rest of Europe as Brexit uncertainty takes its toll, according to a survey conducted by EY.

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