Goldman Sachs is preparing to move almost 2,000 highly paid staff out of London if the government opts for a “hard” break from the EU, Yahoo Finance reported. The Wall Street giant will switch nearly one in three of its bankers to rival European cities if Britain loses preferential access to the single market. The specter of such a large exodus will escalate fears that a “hard” Brexit could prompt multinationals to cut investments in Britain. Business is increasingly concerned over the UK’s future trading relationship with the EU.
