Brexit Could Create 200,000 Financial Jobs

Bloomberg 23 May 2016

Britain could add 25 billion pounds ($36 billion) to London’s economic output and create more than 200,000 jobs in financial services by 2020 if voters choose to leave the European Union, according to campaigners.

The 28 nation trading bloc hurts economic growth in the City of London and is preparing tougher rules to undermine the capital’s position as the top global business hub in Europe, Steven Woolfe, the U.K. Independence Party’s financial affairs spokesman, and Conservative party lawmaker John Redwood said in speeches on Monday, according to a statement.

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