Dublin is streets ahead of EU rivals as City firms plan for Brexit relocation

Its shared language and links with London have made the Irish capital first choice for banks seeking new bases from which to trade in Europe

In boardrooms across London, bank executives are deciding where to move tens of thousands of jobs in the event of a hard Brexit. Rival European financial centres, including Paris, Frankfurt and Luxembourg, are vying for the business – but Dublin is emerging as the most popular destination.

Hundreds of banks, insurers, fund managers and other major City firms had until Friday to tell the Bank of England how they intend to cope in the event of a hard Brexit.

Continue reading…

Read full original article »