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The Next Skill Shortfall for Brexit Britain Could Be Bankers

  • Report warns U.K. finance risks missing out on foreign talent
  • Brexit has pushed up the cost of immigration for EU nationals
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Brexit Britain Struggles Through Series of Crises
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First, the lorry drivers dried up. Now, lobbyists in post-Brexit Britain are warning of another looming skills shortage: bankers.

International staff, mostly from the European Union, make up about a fifth of the 1.1 million people working in U.K. financial services. But Brexit is making it harder and more expensive to hire foreign staff, according to a report by TheCityUK, a lobby group, the City of London Corporation, and EY, the consultancy firm.