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House of Lords

General aerial view of The Shard, Tower Bridge, 20 Fenchurch street, central London and Canary Wharf. Picture: PA - Credit: PA Wire/PA Images

House of Lords

£225bn could be wiped from UK’s professional services industry due to Brexit, reveals Lords report

The UK’s professional services industry is at risk of losing £225 billion in value because of Brexit, a parliamentary committee has warned. A report by the House of Lords’ EU services subcommittee, published on Tuesday, said Britain’s professional firms – including accountants, lawyers, and recruiters – have largely been ignored in negotiations with the EU. MORE: More than […]