City financial services jobs plummet by a third

An anti-Brexit pro European Union campaigner holds a EU flag near Parliament in London Wednesday Nov. 22 2017. Britain's Treasury chief has little room to maneuver Wednesday as he reveals his spending plans to a nation bracing for the shock of Brexit

Theresa May told senior representatives of the financial sector, that it is a priority in upcoming talks with the EU Brexit.

"If the government continue to mishandle the negotiations we could be heading for a lost decade of lower growth and lower employment", Khan said.

As Britain prepares to leave the European Union next year, businesses based in the United Kingdom were seen to be struggling to attract investment, according to 's Paul Venables.

"Brexit clobbered the City's workforce in 2017".

May met in Downing Street with some of Europe's most powerful financiers including Mark Tucker, the HSBC chairman, Axel Weber, the UBS chairman, and Richard Gnodde, chief executive of Goldman Sachs International.

Top British bankers asked Prime Minister Theresa May for more clarity about the future regulatory relations between the United Kingdom and the European Union (EU), although they were encouraged by the preliminary divorce agreement reached last month.

Stocks under Analysis: GlaxoSmithKline plc (GSK), Fifth Third Bancorp (FITB)
Average Revenue Estimate of the company for the current Fiscal Quarter is $1.54 Billion, according to consensus of 14 analysts. Stockholders of record on Friday, December 30th were given a dividend of $0.14 per share. (NYSE:NKE) or 135,000 shares.

A Brexit deal with the European Union would result in only marginally lower United Kingdom growth and employment, an analysis commissioned by Sadiq Khan has concluded.

There's no mention of Northern Ireland, or the Republic, in the study by Cambridge Econometrics.

London vies with NY as the world's financial capital.

But as far as the financial services sector was concerned, there would be no cash changing hands. The EU has already proposed that clearing of euro-denominated derivatives, done mainly in London, could move to the euro zone without a comprehensive Brexit deal.

"How do we know if David Davis is right to want to negotiate what he calls "Canada plus plus plus" [named after that country's trade deal with the EU] if we can't see how its impact on the economy would compare with no trade deal at all or trying to rejoin the single market via EFTA", said another minister.

The Morgan McKinley report is one of the starkest data points yet showing how hiring has slowed as firms struggle to get clarity on what access they will have to Europe's financial markets following Brexit.

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