Brexit 'could mean big pay cut if British bankers relocate'

British bankers would be forced to take a hefty pay cut if they decided to relocate to Paris or Frankfurt following a Brexit vote, research has found.

Banking associates in the City could see their pay trimmed by up to 30% if they moved to Germany's financial centre or the French capital, while for managing directors the gap widens to up to 80%, according to salary benchmarking website Emolument.com.

This article was published in Belfast Telegraph, 22nd June 2016