Ireland ‘to lure banking jobs’

Ireland is among the best-placed locations to benefit from banks leaving London following the UK’s decision to leave the UK, according to senior professionals who work in the banks.

A debate has raged whether London will hold onto all of the hundreds of thousands of people who work in financial services following the shakeup in the industry in the wake of the June 23 vote.

Policymakers here have also debated whether Irish cities such as Dublin and Cork have the office space and infrastructure to accommodate any potential flight of banks from the City of London.