The mayor of London expects that the loss of jobs in the financial sector by the official date of Brexit will amount to 5 thousand to 13 thousand

The Mayor of London, Charles Bowman, said that the loss of jobs in the financial sector by March 30, 2019 will be from 5 thousand to 13 thousand. The authorities of the City of London estimate that job cuts after Brexit are lower than those predicted by the financial sector. Thus, experts at Oliver Wyman estimated that the financial sector could lose 75,000 jobs due to the transfer of a significant part of employees to other EU countries. According to the forecast of the ex-general director of the London Stock Exchange Xavier Rolet, losses can amount to more than 200 thousand jobs. According to Bowman, by early August 2018, the total number of jobs in the financial sector had decreased by only 1,600.

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