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Barclays takes caution against Brexit

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British Bank Barclays decided to move part of its assets worth £170bn to Dublin to protect itself from a no-deal Brexit.

It is also planning on increasing its number of employees in Dublin from 150 to 300.

Ireland and the Netherlands are taking measures to prevent companies in the case of a no-deal Brexit.

The two countries aim to help clients get the same services from companies if Brexit happens without a trade agreement.

In the current state, companies are able to operate in other EU member countries without a restriction.

 

 

 

 

 


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