The boss of HSBC, the UK’s largest bank, has recently spoken out saying that it’s trading division, in which generates 20% of their revenue, could be relocating to France. This has come as a result of Brexit.
London, England -- (SBWIRE) -- 02/28/2017 -- Although the boss at HSBC, Gulliver, has previously praised the Prime Minister Theresa May regarding her handling of Brexit, moving this section of the business to Paris, France could be an incredibly clever movement after Theresa may has confirmed that Britain will leave the European Union's single market, especially considering that the majority of its earnings comes from China.
In addition to this Gulliver has said that the bank is going to be closely monitoring development on work permits, as the bank's UK operations currently employs around 2,100 EU citizens.
A spokesperson from Removals London, one of the leading removals companies in London was incredibly keen to comment saying, "It isn't just the banks moving away from the UK as a result of Brexit either, and here at Removals London we have seen many businesses and individuals looking to employ our overseas removals services. If anyone is considering moving abroad and looking for a hassle-free move, we strongly urge that they call our team today, we are always happy to help."
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