Economics
No-Deal Brexit Could Cost 750,000 British Workers Their Jobs
- London seen hardest hit alongside central areas of big cities
- Impact would be halved under a soft Brexit, report finds
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Almost 750,000 British workers could lose their jobs if the U.K. leaves the European Union with no deal, according to analysis by the U.K. Trade Policy Observatory and University of Sussex.
The areas with most jobs at risk are the City of London and Westminster, where 42,400 employees could potentially be fired due to the high density of jobs and risks to the finance industry, the report said.