“Sitting atop European charts has become an encouragingly welcome trait for Ireland, with economic growth and tax-receipt data likely to mimic its performance in the tracker.<\/p>\n
“Rising costs remain the one potential brake on the positive momentum, and this is certainly an angle competitor cities are using to try to compete with Dublin for post-Brexit relocations.”<\/p>\n
EY partner Omar Ali added: “The push and pull of markets across Europe for business historically led from the U.K. continues.<\/p>\n
READ MORE: Rishi Sunak can raise billions by closing tax loopholes – expert<\/span><\/span><\/strong><\/p>\n “Such ongoing uncertainty poses the risk of fragmented markets, which is inefficient and costly for all financial services users and potentially damaging to the global competitiveness of both the UK and EU.”<\/p>\n Finance services companies have already announced firms roughly 7,600 jobs will move from the UK to the EU – up 100 on EY’s last survey in October.<\/p>\n In total, something in the region of £1.3 trillion in assets has also moved, an increase of £100 billion.<\/p>\n In 2018, think tank Bruegel warned the City could lose 10,000 banking jobs and 20,000 roles in the financial services industry.<\/p>\n![](\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/139\/590x\/Boris-Johnson-Micheal-Martin-1404349.jpg?r=1614670466808\")
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