Populous. Thousands of companies in London and the South East are likely to collapse in the event of a no-deal Brexit, 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 2009. The UK government has said it will not negotiate over any aspect of its withdrawal from the EU until after Brexit talks have been concluded.
Thousands of companies in London and the South East are likely to collapse in the event of a no-deal Brexit, 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 2009. The UK government has said it will not negotiate over any aspect of its withdrawal from the EU until after Brexit talks have been concluded.