Brexit Britain’s corporate exodus

With Airbus issuing a stark warning over Brexit, here are some other big firms that are shifting jobs and operations out of the UK:

Goldman Sachs – Set to at least double its Frankfurt office to 400 staff through a mix of relocations and local hires, though other EU sites will also be expanded.

HSBC – Plans to move up to 1,000 jobs to France, where it already has a full service universal bank after buying up Credit Commercial de France in 2002.

JP Morgan – Around 1,000 front and back-office roles likely to be relocated from London as part of plans to bulk up a number of EU offices.

Bank of America Merrill Lynch – Intends to relocate up to 125 UK staff to Dublin as part of its Brexit contingency plans.

Morgan Stanley – Understood to have plans to add around 200 staff in Frankfurt through a mix of new hires and relocation, with around 80 staff to be added to the bank’s Paris office.

Jaguar Land Rover – Set to shift all production of its Discovery model to Slovakia from Birmingham in a move likely to affect hundreds of workers, although the car giant has insisted it is not linked to Brexit.

EasyJet – Applied for a new air operator’s certificate (AOC) in Austria to allow it to continue flying in the European Union after Brexit, setting up a headquarters in Vienna.

Siemens – German firm’s boss has warned time is running out to secure a Brexit deal.

Unilever – Moving corporate headquarters to Rotterdam in a major blow to the UK, although it has claimed the decision is not Brexit-related.