TheCityUK CEO Sees Risk of Europe Losing Race for Banking Jobs

The transcript discusses the impact of Brexit on the financial services industry, particularly focusing on reduced access from London to the EU and the potential movement of jobs. It references an analysis by Oliver Wyman, which estimated job losses under different Brexit scenarios. The discussion highlights that jobs may move out of Europe rather than within it, emphasizing the broader implications for the UK's job ecosystem.

What is the total number of jobs across the whole of the UK mentioned in the text?

What is the critical observation regarding where jobs are moving out of Europe?