Brexit could lead to loss of 100,000 financial services jobs, report warns

PwC report estimates 70,000-100,000 fewer jobs in 2020 compared with estimated number if Britain stays in EU

Up to 100,000 financial services jobs could be lost if Britain votes to leave the European Union, according to a report compiled for a lobbying group that will stir debate about the short-term impact of Brexit.

The report for TheCityUK by PricewaterhouseCoopers follows a warning from the accountancy firm in March that a British exit from the EU would cause a serious shock to the UK economy that could lead to 950,000 job losses.

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