Brexit Fallout on U.K. Finance

The video discusses the impact of Brexit on financial services, highlighting the relocation of 275 financial firms from London to other European cities like Dublin, Luxembourg, Paris, Frankfurt, and Amsterdam. It notes the potential job losses and the transfer of £800 billion in assets, questioning London's future as a financial hub post-Brexit.

What is the primary reason for the relocation of financial firms from the City of London?

• To enter new markets

• To reduce operational costs

• To cope with Brexit

• To expand their business operations

Which city is expected to benefit the most from the relocation of financial firms?

• Paris

• Luxembourg

• Dublin

• Amsterdam

How many jobs are identified as being at risk due to the relocation of financial firms?

• 7000

• 3000

• 5000

• 1000

What percentage of the UK's banking assets are being moved out of London?

• 15%

• 10%

• 5%

• 20%

What is the main concern regarding London's status as a financial capital post-Brexit?

• Decline in foreign investments

• Increased competition from other cities

• Transfer of significant banking assets

• Loss of skilled workforce