Posted by AdviserDirect on 06/19/2019

Should businesses remain in London in a post-Brexit economy?

Should businesses remain in London in a post-Brexit economy?

The result of the 2016 Brexit referendum sparked fears of a mass business exodus, with companies leaving London for elsewhere in Europe.

Yet, while some major names moved on to less politically-fraught bases, it hasn’t quite been the dramatic migration that was initially anticipated.

But with October’s EU-mandated departure deadline looming ever larger, London-based businesses are once again having to face up to the possible ramifications of the UK’s divorce from the EU. Throw in the increasing possibility of a no deal Brexit, and the need for these organisations to potentially reconsider their options grows. But, much like the referendum itself, the question stands when it comes to their place in the capital: should they leave or remain?

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