Impact of Brexit

Impact of Brexit

Sir Mark Boleat

40 years: Executive leadership & banking

In this video of the series, Sir Mark Boleat discusses the impact of Brexit on the financial services market and, specifically, the impact to the city of London.

In this video of the series, Sir Mark Boleat discusses the impact of Brexit on the financial services market and, specifically, the impact to the city of London.

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Impact of Brexit

11 mins 30 secs

Overview

Brexit has impacted the financial services industry on multiple levels, from influence over EU regulation to employment. In the short term, impact has been minor on the financial markets as many businesses have planned for relocation in the event of Brexit. Although, the impact has been significant on the businesses themselves as resources have been diverted towards Brexit planning. In the long term, the extent of the impact on the British economy will be dependent on the accessibility of the EU single market.

Key learning objectives:

  • Explain the short and long term impacts of Brexit on the British economy

  • Outline how Britain has previously been able to influence EU regulation

  • Explain the impact of Brexit on individual businesses

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Summary
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Expert
Sir Mark Boleat

Sir Mark Boleat

Sir Mark Boleat has held a wide range of board level appointments in the UK and Jersey. He is currently the Chairman of LINK, Eldon Insurance Services and the Governors of the City of London Academy Highbury Grove. Sir Mark is also Vice Chairman of the Advisory Board of the International Business and Diplomatic Exchange.

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