How many jobs are being lost in the UK due to the relocation of businesses is still unclear. Estimates range from 30,000 to 200,000. The Bank of England's most recent forecast, according to the BBC, is the withdrawal of 75,000 jobs should the Brexit negotiations run out without a deal for the financial sector. "There is still time until the end of this year, by which time contingency plans will be further refined, but until the beginning of next year, if there is no clarity on the outcome of the negotiations, banks will begin to implement their plans and create more jobs other EU countries are relocating, "says Dr. Thomas Sampson.

Read more... ZDF.de (Germany)