Banks BACK Britain: HSBC and Barclays say jobs WON’T be moved to Europe

Friday, July 1, 2016
By Paul Martin

TOP banks are set to keep jobs in Britain – despite warning before the referendum they could up sticks if there was a vote to leave the European Union.

By LANA CLEMENTS
Express.co.uk
Fri, Jul 1, 2016

HSBC and Barclays are among the banks that have vowed not to scale back operations in the UK after the referendum outcome.

Barclays chief executive Jes Staley said the bank is “staying anchored in Great Britain” and is not making any plans to move staff on to the continent.

He said the firm may make extra hires in Europe if necessary, but that would not paid for by losses in the UK.

Mr Staley told the BBC: “Right now we are not making any plans to pick up and move people from one location to another.”

And added: “You might have to increase your presence in another location – that doesn’t necessarily mean you have to decrease [at] your location here.”

The Rest…HERE

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