Jul
09
Brexit Deals Blow to Financial Sector as U.K. Investments Slide
By-
FDI in British financial firms dropped by 26%, EY report says
- London remains most attractive EU city for foreign investment
Britain’s financial-services industry is battling a drop in foreign investment while some of its European counterparts enjoy big gains, according to a new study that displays the starkest indication yet of Brexit’s impact on the sector.
Investment in Britain’s financial-services firms from abroad fell 26 percent last year, EY said in a report released Monday. During the same period, Germany experienced a 64 percent increase, while the figure for France more than doubled. London remains the most attractive EU city for investment in financial services, but the gap with Paris, Frankfurt and Dublin is narrowing, EY said…
Brexit Deals Blow to Financial Sector as U.K. Investments Slide
