Quality of life, language and labour laws are in the mix as competition for City business heats up ahead of Britain’s EU exit
Continental competition to benefit from Brexit is rapidly heating up as half a dozen EU cities vie to attract London-based banks and financial services companies worried about losing their access to the single market.
From Paris to Vilnius, Milan to Madrid and Frankfurt to Valletta, regulators, local authorities and sometimes national governments are clearing a path for the exodus many feel is coming as Theresa May’s deadline to start negotiations nears.
