The approximate number of financial sector jobs that will leave the UK in case of a “hard Brexit”, according to a survey released by the Reuters news agency on 18 September 2017.

According to Reuters:

“The results from 123 firms came from the first comprehensive public survey to ask the biggest banks, insurers, asset managers, private equity firms and exchanges in Britain about the specific details of their plans so far in case of a so-called “hard” Brexit.”

The news agency also reported that:

“If it is going to happen it won’t be in one big bang,” said a senior executive at one of Europe’s largest banks, which took part in the survey. “There will be a slow drain of jobs from London over a number of years.”