150 firms open to post-Brexit Dublin switch

At least 150 London-based financial services firms have Dublin on their radar should they look to move operations once Britain formally leaves the EU, according to a new survey.

The study by corporate law firm William Fry quizzed 200 firms on their post-Brexit intentions. Among those taking part were HSBC, Lloyds of London, Goldman Sachs, BlackRock Asset Management, JP Morgan and a number of US hedge funds.

While the survey doesn’t delve into fixed plans for individual firms, it found that 59% of respondents are currently undertaking Brexit contingency planning that may involve changing the geographical location of their business.