Osborne warns 'tens of thousands' of financial jobs at threat from Brexit

Latest Treasury figures

Anna Fedorova
Photo: HM Treasury

Photo: HM Treasury

Chancellor George Osborne has said Brexit would put "tens of thousands" of financial services jobs under threat, in his latest bid to convince the British public to remain in the EU.

Analysis from the Treasury claims 285,000 jobs in this sector are connected to financial services exports to the European Union. Of this, 100,000 jobs are directly linked to the EU, while another 185,000 rely on indirect demand coming from this link. Quoting this statistic, the Chancellor said leaving the single market "would be catastrophic for jobs and income", adding everyone in the industry "who know what is at stake [must] speak up". Brexit round-up: BoE tests water for rate cut if UK votes 'out' "Tens of thousands of jobs in financial services and connected industries woul...

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