UK professionals are unhappy with Brexit but have no plans to relocate, according to research released by Morgan McKinley.

The survey asked more than 7,000 professionals if their employer made any serious adjustments or plans to account for the uncertainty, including relocation of parts of the business? Fifty percent said no, 30% said yes, and 20% weren’t sure. However, 41% of the individuals surveyed stated that they personally would not move abroad, with another 22% saying they were unsure.

Only 37% claimed they would move, with US and Dublin ranking highest overall, at 18% each, and a proportion of respondents favouring relocating within the UK. In contrast to the sentiment from institutions, only 8% of respondents selected Frankfurt, and 9% selected Paris.  

In addition, 87% of respondents have little or no confidence that the government would follow through with negotiations that support a favourable transition for the British people and 58% of professionals want another vote to determine the UK’s future.

Of those employers taking measures, the banking and financial sector was the largest group to already be executing contingency plans at 38% — be it relocating aspects of the business or hiring people to account for change.

“Time being a healer doesn’t necessarily apply when reviewing the findings of our most recent Brexit survey,” said Hakan Enver, managing director at Morgan McKinley. “There still exists an overwhelming feeling of disappointment coming from UK working professionals and it appears to stem from either the original decision to leave the EU, or through the general lack of clarity around what the future landscape will look like.”

The survey included professionals from the banking and financial services, professional services, commerce and industry, public sector, retail and construction sectors.