40,000 London financial jobs lost due to Brexit, according to Lord Mayor Michael Mainelli.

London's financial sector has lost about 40,000 jobs due to Brexit, according to Lord Mayor Michael Mainelli. This loss surpasses earlier predictions and highlights Brexit's significant economic impact. Dublin gained 10,000 jobs, while Milan, Paris, and Amsterdam also benefited. Despite these challenges, London's workforce in non-financial sectors has grown to 615,000. UK Prime Minister Keir Starmer is working to strengthen ties with Europe, though rejoining the EU single market is not on the table.

October 16, 2024
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