What will Brexit do to jobs in the Financial Services?

What will Brexit do to jobs in the Financial Services?

Nick Elwell-Sutton, Partner at Clyde & Co, comments: “In the immediate short term nothing changes – it is business as usual. 

However employers will need to consider how they will be affected once the exit actually occurs.  Watering down of employment rights is unlikely to be an immediate government priority, however revoking freedom of movement means the ability to recruit skilled EU nationals which is currently taken for granted would be curtailed and they would be subject to whatever immigration and work permit rules then apply.”

“At a more fundamental level, unless the financial services passporting rules are resolved in the UK’s favour, then many large financial services businesses are likely  to relocate to within the EU meaning large scale redundancies would be highly probable.”

Read more

Latest News

Read More

How to plan for inclusive succession planning

3 April 2025

Newsletter

Receive the latest HR news and strategic content

Please note, as per the GDPR Legislation, we need to ensure you are ‘Opted In’ to receive updates from ‘theHRDIRECTOR’. We will NEVER sell, rent, share or give away your data to third parties. We only use it to send information about our products and updates within the HR space To see our Privacy Policy – click here

Latest HR Jobs

All about the role and company I would be working for: HR Coordinator / Administrator Location: London (Hybrid – 3 days in office) Are you

Company: An award winning Wealth Management firm Location: St. Albans, Hertfordshire (1 day a week) Contract Type: Permanent role on a part time basis (2-3

The Langham, London; Europes first Grand Hotel is currently recruiting for a Human Resources Officer to join our talented Human Resources team. Were an equal

As our new Director of HR, you will be at the forefront of creating the Land Registry of the future, ensuring that we have the

Read the latest digital issue of theHRDIRECTOR for FREE

Read the latest digital issue of theHRDIRECTOR for FREE