According to a survey from Morgan McKinley, 68% of London city professionals, believe that the outcome of the EU Referendum was the wrong decision for the UK.

Morgan McKinley surveyed a working population of circa 5,000 to offer their thoughts on the June 2016 referendum. The audience comprised those working in the UK within the Banking and Financial Services (39%), Professional Services (36%) and Commerce and Industry (25%) sectors.

The figures showed that 48% categorically stated that there were no plans to move operations, either partially or in their entirety, away from London due to Brexit. Morgan McKinley notes that plans may not have been communicated to the work force at this point during the survey since back in September KPMG found that 76% of CEOs were mulling over some form of relocation.

Of the 31% of respondents that reported their employer was either going ahead with or considering relocating the business, 62% reported that they would move, or at least consider it, should their employer offer to relocate them overseas. Europe was the destination of choice amongst those willing to relocate, with 58% highlighting it as their preference.

“Whilst Theresa May has committed to triggering Article 50 by March 2017, a recent High Court ruling stated that this cannot be invoked without putting it to a vote in the House of Commons. There is certainly going to be some interesting and testing times still to come,” Hakan Enver, Operations Director of Morgan McKinley, said.