Will the city of London survive after brexut

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richard10012
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Will major banks leave? Will the city itself be investable? There is talk of 10,000 jobs leaving the city, brexit could kill the city.
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londonmyst
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I think in the short term a few large international firms will leave the square mile in the immediate aftermath of brexit.
Many commercial properties will sit empty for months, office complexes will have lower occupancy rates and market rents will fall.

But the government will react with supply side measures (possibly accompanied by new legislation making city of london a tax haven) to attract startup firms, entrepreneurs and overseas enterprises interested in establishing a city of london presence.
Brexit supporting UK entrepreneurs, small startups and family businesses will likely relocate first.
Followed by overseas brexit supporters, smaller overseas businesses looking to establish a presence in london and a few financial firms looking to play tax systems.
Then in the medium term, larger international concerns setting up subsidiary operations and businesses that used to incorporate in the european/carribean & american tax havens.
The above predictions are all based on a conservative government being in office between march 2019- march 2022.
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jameswhughes
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(Original post by richard10012)
Will major banks leave? Will the city itself be investable? There is talk of 10,000 jobs leaving the city, brexit could kill the city.
Have any of the previous predictions come true since the referendum?

10,000 jobs is a tiny fluctuation compared to the number of people working in the city.
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Tommy Robinson
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Of course London will survive, we are a top ecconomy!
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Davij038
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Probably the best reason to vote for Brexit.
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Obolinda
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(Original post by ecolier)
WTH is Brexut?!
lol, exactly
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username1799249
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(Original post by Tommy Robinson)
Of course London will survive, we are a top ecconomy!
What is it that makes us a top economy?
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username3973192
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(Original post by richard10012)
Will major banks leave? Will the city itself be investable? There is talk of 10,000 jobs leaving the city, brexit could kill the city.
Brexut? Hmm is Theresa May trying to change the name of her devilish masterplan?
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Miss Maddie
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Major banks won't leave. Jobs won't be lost. Tax revenue won't be lost.
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richard10012
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Are you sure?

City jobs are at risk as Canaccord Genuity blamed “uncertainty looming over the country” for what it said will be “significant” cuts though it wouldn’t say exactly how many roles will go.
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thoque
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London will explode, the capital will melt to rubble and nuclear fallout is imminent. Please do not panic as we try to resolve the issue.
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