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Uncertainty relating to the imminent referendum on Britain’s membership in the European Union (EU) is creeping in. As a result, widespread hiring appears to have largely frozen, the Financial Times reports. With companies holding off to make decisions until after the Brexit vote on the 23rd June, the impact has been felt to a larger degree in the financial services industry as the consequences of from a “leave” vote would be felt to a larger degree than across other industries.
If Britain ends up leaving the EU, not only isLondon’s position as the world’s main currency trading center likely to be ... (read more)