Brexit still pushing financial jobs from UK to EU - think tank

Financial firms in Britain continue to shift business to new European Union hubs and won’t stop unless Brexit is cancelled, a think tank told British lawmakers on Wednesday. William Wright, head of New Financial, said its study published on March 11 showed that 275 financial firms were moving some of their business, staff or assets from Britain to hubs in the EU to avoid Brexit disruption. “Since the report was published we have found another 14 firms have set up new entities,” Wright told a House of Lords committee.