41,800 of companies in London and the South East are likely to collapse in the event of a no-deal EU , with more than 66,000 job losses predicted in London , according to business intelligence firm Populous. World. Even if a deal is struck, 7,900 London companies are expected to fail, with 41,800 jobs lost. The analysis suggests that 7,900 London companies will fail — with the loss of about 41,800 jobs — in the 12 months after Brexit, even if a deal is agreed with the European Union. Small- and medium-sized firms are expected to be hit hardest, with closures potentially outnumbering start-ups for the first time since the year . The number of businesses created in London in the year following the 2016 EU referendum dropped 14% .
41,800 of companies in London and the South East are likely to collapse in the event of a no-deal EU , with more than 66,000 job losses predicted in London , according to business intelligence firm Populous.World. Even if a deal is struck, 7,900 London companies are expected to fail, with 41,800 jobs lost. Small- and medium-sized firms are expected to be hit hardest, with closures potentially outnumbering start-ups for the first time since the year . The number of businesses created in London in the year following the 2016 EU referendum dropped 14% .