The Digby Jones Index

Last updated 25 May 2021

The index of jobs lost through Brexit that Lord Digby Jones said we wouldn’t lose

The Digby-Jones index came from an article written in October 2020 which proved extremely popular, but has now developed into a permanent feature on Yorkshire Bylines.

This is not just about providing an accurate list of jobs being lost, although we are trying to report faithfully the impact of Brexit, it’s about the lives disrupted and in some cases ruined by the reckless folly of men like Digby Jones, who in 2016 reassured people that a vote to leave the EU would not result in a single job in Britain being lost. He could have had no idea if this was true or not, but as we have seen over the last four years, companies are clearly moving out of the UK and into the EU to protect themselves against Brexit.

What the list reveals is not only his ignorance of British industry but a similar ignorance about the very nature of how the single market and the customs union works. People may well have been deceived into voting for Brexit in 2016 by Digby Jones but increasingly we only see the empty words of a foolish man. It is proof positive that those at the forefront of the leave campaign had no idea of the disaster they intended to visit upon us.

There is no shame in ignorance, but there is shame in publicly offering reassurances about Brexit when you were unaware of the consequences. This is the kindest explanation. The other is that he knew it would result in huge job losses but assured people that it wouldn’t.

Many people have contacted us about their direct experience of job losses, privately attributed to Brexit but by companies too afraid to say so publicly. We have not included them to prevent Yorkshire Bylines being accused of exaggeration, but the total number of jobs lost so far is almost certainly far higher than our list would indicate.

No CompanyDate
247Deutsche Bank to move 100 jobs out of London in post-Brexit overhaulMay-21
246Dynic UK Ltd transfer EU customers to new Czech subsidiary after BrexitMay-21
245Barclays, Goldman Sachs and Morgan Stanley move senior dealmakers to EUMay-21
244Fixed income sales jobs in UK financail sector are moving to EuropeMay-21
243EU rules wreck traditional  net fishermen’s livelihoods months after BrexitMay-21
242Bankers quit London as Brexit relocations to EU step upMay-21
241Follman cancel expansion  plans at Andover to expand EU plant due to BrexitMay-21
240London lost £2.3 trillion of derivatives trade in March, NY gaining from Brexit.May-21
239JPMorgan to Move Another $200 Billion in Assets to Frankfurt due to BrexitApr-21
238Toyoda Gosei to pull out of the UK with loss of 485 jobs. Brexit mentionedApr-21
237British Corner Shop Co cuts 40 jobs in the UK, as new EU hub opensApr-21
236Lincoln insulation company Superfoil opens Dutch subsidiary Apr-21
235Multinational law firm Hatstone to establish EU base in the RepublicApr-21
234Brexit blamed as job losses loom at Huddersfield bathroom firm Trojan PlasticsApr-21
233Kautex Textron in closure talks with loss of over 220 jobs due in part to BrexitApr-21
232J D Sports open Dublin warehouse to tackle post-Brexit trading problems.Apr-21
231Vauxhall Astra factory to shut unless UK can offer stimulus deal. Brexit related?Apr-21
230Aztec Oils sets up Dutch company to handle post Brexit EU tradeApr-21
229Taylor Wessing becomes latest UK firm to plan Ireland expansion after EU exitApr-21
228Antos dog chew company from Ayrshire moves to France due to BrexitApr-21
227Specialist gift company Rex London opens warehouse operation in BelgiumMar-21
226Jota Aviation from Biggin Hill plans to shift operations to MaltaMar-21
225Titan Airways plans to move operations to Malta to retaim EU customersMar-21
224Kasai opens German operation to promote groups EU businessMar-21
223About €100bn of Irish securities moved to Brussels following BrexitMar-21
222Advisory firm Campbell Lutyens opens Paris office to maintain EU marketMar-21
221Law firm Ashurst opens Dublin office, along with 7 other law firmsMar-21
220KB Event Ltd of Nottingham opens Dublin base to handle post Brexit EU jobsMar-21
219Moon Climbing in Sheffield sets up in Holland to beat Brexit damageMar-21
218Mediwin cut 45 jobs in Littlehampton after opening Dutch operationMar-21
217Teal & Mackrill, a paint manufacturer in Hull sets up Dutch Co after BrexitFeb-21
216UK fintech companies seek ‘cure for Brexit’ in LithuaniaFeb-21
215Dartmouth Crab Co to open  EU base to avoid up to £1m year in Brexit red tapeFeb-21
214Mediwin Ltd opens drug manufacturing line in Amsterdam to serve EU marketFeb-21
213UK businesses that moved to Holland in 2020 are expected to create 6,000 jobs Feb-21
212Bike maker Gocycle is setting up a subsidiary in the Netherlands after BrexitFeb-21
211AEV Birkenhead consider moving production to Hungary to avoid Brexit costsFeb-21
210New York increases lead as top financial hub, Brexit damage London’s standingFeb-21
209Architectural parnership RSHP set up Paris office to continue EU workingFeb-21
208Nichirin ends UK production of car A/C systems citing Brexit uncertainty.Feb-21
207Dublin most popular destination for 34 UK finance Co’s ahead of Brexit in 2020Feb-21
206Otsuak Europe closes UK operation, transfers functions to Germany April 21Feb-21
205Designers Guild to set up warehouse in Belgium, about 100 jobs involvedFeb-21
204UK investment bank Numis to open new EU office after Brexit Feb-21
203Fresh blow for London as euro derivatives trading floods out to rivalsFeb-21
202Amsterdam surpasses London as Europe’s largest share trading centre in Jan 21Feb-21
201Marubeni UK transferred European business to Marubeni Europe GmbH 31 DecFeb-21
200Financial services may account for more than £2bn in lost GDP per yearFeb-21
199British meat processors set up shop in EU as Brexit hammers exportFeb-21
198JD Sports plan to open 1,000 job EU warehouse site to avoid red tape and delaysFeb-21
197Banks again plot job moves out of London to the EU as pressure mountsFeb-21
196ICE moves $1.2bn a day carbon emissions trading to the NetherlandsFeb-21
195Kent cheese wholesaler gives up on Irish market after Brexit, job losses followFeb-21
194Baron Shellfish in Bridlington is to close after 40 years due to BrexitFeb-21
193Cosmetics firm O&3 move substantial amount of operations to PolandFeb-21
192Unnamed Welsh pharma co moves operations to Dublin to avoid Brexit red tapeJan-21
191London based US law firm to open Brussels office to continue advising EU companiesJan-21
190UK lingerie maker Bluebella say creation of EU subsidiary now “inevitable”Jan-21
189GKN plant to close with the loss of 500 jobs, Brexit “likely to have been a factor”Jan-21
188Renesas Electronics Europe, transfers assets and company to its German branchJan-21
187Shiner, a sporting goods maker forced to move half the businesss into the EUJan-21
186Summit Pharmaceuticals Europe transfers assets and liabilities to Italian sister company Jan-21
185UK broker TP ICAP plans to shift 80 to 100 employees to a new office in ParisJan-21
184Stewart Superior Ltd sets up Dutch company to handle EU distributionJan-21
183Horizon Retail Marketing Solutions registers new company in NL due to BrexitJan-21
182Cheesemaker switches £1m UK investment to France to fulfill online ordersJan-21
181Lamb exporter warns 150 jobs at risk unless border controls changeJab 21
180Cheshire Cheese exporter stops sending cheese to EU after BrexitJan-21
179Netherlands picks up business as Brexit pushes derivatives dealing away from UKJan-21
178Mining company Berkeley Energía chooses Spain as EU Member state of originJan-21
177Coca-Cola chooses Netherlands as EU member state of origin post BrexitJan-21
176Brexit drives 2,500 finance jobs and €170bn to France: Bank governorJan-21
175Simmons & Simmons to expand into Dublin following Brexit voteJan-21
174Real-estate investment platform Brickvest opens back offices in BerlinJan-21
173BlackRock expands in Paris with new hires ahead of BrexitJan-21
172Fast-growing fintech Optal opens Dublin base for EU businessJan-21
171Vistalworks forms sister Co In Estonia keep seamless trading with EU agenciesJan-21
170Azimo gets EIB loan from to build cross-border payments infrastructure in EUJan-21
169SSTL  no longer participates in the Gallileo satellite programme Jan-21
168YKK Europe open Branch in Germany to reduce negative impact of BrexitJan-21
167Catalent, Westhoughton, closes with loss of 150 jobs, Brexit blamedJan-21
166Fortnum and Mason stop exporting to EU countriesJan-21
165Horizon Retail Marketing Solutions open NL warehouse due to BrexitJan-21
164KIP (UK) transfers EU stock to Germany due to BrexitJan-21
163Furukawa Electric Europe shifts warehouse and distribution to Germany.Jan-21
162Margaret Howell sets up Brexit related accounting and warehousing in EU Jan-21
161Srixon Sports Europe opens new distribution hub in NL due to BrexitJan-21
160Enplas Europe (semiconductors) acquired warehousing in NL for BrexitJan-21
159EISAI Europe establishes a medicines testing facility in Antwerp due to BrexitJan-21
158EISAI Europe transfers market authorisations to Frankfurt due to BrexitJan-21
157Anritsu EMEA establishes new Dutch hub for EU customersJan-21
156Allegro Micro Systems to import EU products through Dutch subsidiaryJan-21
155Shadow of Brexit fuels Dutch warehouse logistics boomJan-21
154Audio Technica established Distribution Centre in NL & Spain for BrexitJan-21
153Lighthouse (signing + labelling machines) set up subsidiary in NLJan-21
152Ishida (Europe) opens new EU distribution centre in HollandJan-21
151Brexit bites into profits of UK cheese producersJan-21
150The Curiosity Box pauses EU exports and may never ‘export’ to NI againJan-21
149Premium Plus UK opens a new subsidiary in Poland to serve UK MarketJan-21
148Aston Chemicals despatches last load to EU because of Brexit red tapeJan-21
147‘Clean shift’ as euro share trading exits London for EUJan-21
146Brexit ‘big bang’ to trigger tectonic trading rift in EuropeDec-20
145Loss of duty free shopping could see 40,000 redundancies – Boodles.Dec-20
144Nissan picks Japan, not Britain, to make Ariya electric car for EUDec-20
143Snagged! Dutch town attracts Scottish tights maker amid Brexit deal doubtDec-20
142Investors dump UK funds on fears of no-deal BrexitDec-20
141Holyhead Port ‘in danger of rapid decline’ after Brexit transition periodDec-20
140Morgan Stanley to Shift $120 Billion of Assets to GermanyDec-20
139BMW plans to set up its first assembly line in Germany for its Mini sub-brand Dec-20
138German automotive supplier cites both Brexit and covid as reason for closureDec-20
137London thrown to the lions with no finance deal likelyDec-20
136EU tells banks to trade derivatives inside bloc after BrexitNov-20
135London Stock Exchange’s Turquoise trading platform to start Dutch hubNov-20
134Goldman Sachs to open Paris stocks hub to avoid Brexit disruptionNov-20
133Suffolk businesses look to form European subsidiaries to mitigate BrexitNov-20
132Brexit: ECB demands UK banks move City staff to EuropeNov-20
131Up to 2,000 British ski instructors are facing the end of their careers after BrexitNov-20
130IAG [Brirish Airways] to Modify Iberia Control to Meet Brexit DeadlineNov-20
129Banks Seen Raising Their German Assets by $462 Billion on BrexitNov-20
128Goldman Sachs to move $60bn in assets from UK to GermanyNov-20
127Brexit ‘directly hitting Welsh ports’ says economy minister Nov-20
126UK car industry has spent £735m preparing for BrexitNov-20
125Ireland closes EU door to British solicitorsNov-20
124Two freight forwarding companies relocate to the Republic of IrelandNov-20
1237500 finance jobs and $1.6 Trillion to leave UKOct-20
122EU Medium Range Weather centre to leave UK with loss of 250 jobsOct-20
121Brexit has taken chunk out of London commercial insurance, says IUAOct-20
120City of London’s Brexit Departures Are Speeding UpOct-20
119UK Financial Services Companies Looking to Cyprus as a Post-Brexit SolutionOct-20
118Brexit fuels brain drain as skilled Britons head to the EUOct-20
117London’s Days as Europe’s Stock Trading Hub Are NumberedOct-20
116Brexit ‘to bring €150 billion to France by year’s end’Oct-20
115City firms move £1 trillion to Europe in Brexit breakawayOct-20
114JPMorgan to Move $230 Billion Assets to Germany Under BrexitSep-20
113J P Morgan move 200 more staff to FrankfurtSep-20
112Ineos to build new 4×4 in FranceAug-20
111Revolut move payment operations to IrelandFeb-20
110Kids fashion company Frugi opens Dutch baseFeb-20
109German Digital bank N26 quits UK due to BrexitFeb-20
108Kasai in Mertyr Tydfil close with the loss of 180 jobsFeb-20
107McBrides in Barrow to move production to France and LuxembourgFeb-20
106Total move cash management to ParisJan-20
105API Foils, Livingston closes on Brexit Day – blaming BrexitJan-20
104Historic Plymouth company on brink of closure ‘due to Brexit’Oct-19
103Aztec Oils opens operation in LithuaniaSep-19
102Scottish island chocolate maker blames Brexit for collapse of businessSep-19
101Axminster Carpets which supplies Wetherspoons blames job cuts on Brexit Sep-19
100Senju Metal Industries close High Wycombe factorySep-19
99Japanese Manufacturer Senju Closes U.K. Factory, Citing Brexit ImpactSep-19
98Brexit pushes almost 100 firms to move to NetherlandsAug-19
97Ford to close Bridgend plantJun-19
96Clyde & Co law firm has opened an office in Dublin as a result of BrexitMay-19
95BBC moves commercial operation to The NetherlandsApr-19
94Japanese drugmaker Shionogi moves European HQ from London over BrexitMar-19
93Scottish Widows Transfers operations to Luxembourg after Brexit DevelopmentsMar-19
92Shwarz Gerhard move staff to AustriaFeb-19
91Aviva, Natwest move funds to Ireland, HollandFeb-19
90Discovery Channel gets German licenseFeb-19
89RBS prepares to move 100 staff from UK to Holland in readiness for BrexitFeb-19
88Honda to close Swindon plantFeb-19
87Raspberry Pi looking to move manufacturing to Ireland or HollandFeb-19
86Wells Fargo to open offices in Frankfurt and Paris Jan-19
85Philips to close Suffolk factoryJan-19
84Rolls-Royce plans approved to move work from Derby to GermanyJan-19
83Discovery moves European HQ to AmsterdamJan-19
82Axa to move staff to DublinJan-19
81Dyson to move HQ to SingaporeJan-19
80Pantheon open Dublin office as part of Brexit planningJan-19
79Barclays moves $217 billion to DublinJan-19
78Brexit: US insurer Travelers gets licence to set up in DublinJan-19
77Brexit drives TransferWise to open Belgian officeJan-19
76Deutsche Bank repatriates 400 billion euro to FrankfurtJan-19
75Sony to move HQ to AmsterdamJan-19
74Trading platform Acquis sets up hub in ParisJan-19
73Merril Lynch to move 100s of jobs to ParisJan-19
72RBS applies for German Banking licence Dec-18
71Societe General opens clearing capability in Paris Dec-18
70Vanguard, Merian Global open offices in DublinDec-18
69CME Group move $240 billion/day market to AmsterdamNov-18
68Brexit to Shift Swissquote Business From London, CEO SaysNov-18
67Steris – multi billion dollar US Healthcare firm – moves HQ to IrelandNov-18
66Tokio Marine Group receives court approval for Luxembourg move Nov-18
65Barden Corp close Plymouth factory with loss of 400 jobs – because of BrexitNov-18
64Schaeffler to close two UK plantsNov-18
63Bank of America complete move to Dublin 100 staff Nov-18
62Elcome open office in AlicanteOct-18
61Wells Fargo shift EU hub to ParisOct-18
60Coinbase opens Dublin officeOct-18
59Aviva move UK policy administration to IrelandOct-18
58Axa XL moves European Operations to IrelandOct-18
57SciSys moves to Dublin to keep space workOct-18
56BUPA plan European hub move to DublinOct-18
55HarbourVest to open in Dublin to lessen Brexit impactOct-18
54Ashmore sets up Irish base in DublinSep-18
53Dechra Pharmaceuticals to open testing centre in EU Sep-18
52RSA Group opens base in LuxembourgSep-18
51Acquis Exchange opens office in ParisSep-18
50First State Asset Managers to move funds to IrelandSep-18
49Next sets up new Irish company to avoid customs post BrexitSep-18
48Credit Suisse picks Luxembourg, Madrid & FrankfurtAug-18
47Bank of America to move 200 jobs to ParisAug-18
46Clarks to open 10,000 sq m European distribution centreAug-18
45Baillie Gifford to move operations to DublinAug-18
44Ship Insurer UK P&I Club makes hub in RotterdamAug-18
43Nomura contacts clients about migrating to FrankfurtAug-18
42EU Naval Force HQ to move out of LondonAug-18
41Panasonic to move HQ to AmsterdamAug-18
40Barclays to move 50 jobs to FrankfurtJul-18
39LSE and CBOE open trading venue in AmsterdamJul-18
38Luxembourg looks for more office space for Brexit firmsJul-18
37J P Morgan asks several dozen to relocateJul-18
36DTCC move to IrelandJul-18
35Lloyds Banks to create three hubs in the EUJul-18
34Chubb European Group and Ace European Life move to FranceJul-18
33Deutsche Bank move some jobs to FrankfurtJul-18
32Trading company Jane Street moves to AmsterdamJul-18
31Credit Suisse moves 50 jobs to MadridJul-18
30Forex Trader NEX moves to AmsterdamJul-18
29Heathrow owner Ferrovial to move HQ to AmsterdamJun-18
28Jaguar Land Rover to move Discover production to SlovakiaJun-18
27Sanofi Pharma move QP and QC jobs to EU member stateJun-18
26Nomura confirms banking license granted in FrankfurtJun-18
25Bank of America to move hub to DublinMay-18
24Barclays to make Dublin its main EU HubApr-18
23Admiral establishes in Spain  the base of operations of its new European centreMar-18
22Goldman Sachs start moving staff to FrankfurtMar-18
21Euroclear, the financial clearing house moves UK to Brussels due to Brexit.Mar-18
20Morgan Stanley to move 80 jobs to ParisMar-18
19UBS to move some staff to FrankfurtMar-18
18CitiGroup to make Frankfurt its post Brexit EU HubFeb-18
17Societe Generale to move 300 staff to ParisFeb-18
16Standard Life Aberdeen to set up EU business hub in DublinFeb-18
15Moneygram to move to BrusselsJan-18
14Deutsche Bank to move hundreds of jobs to FrankfurtJan-18
13The European Medicines Agency announces Amsterdam as location of new HQ.Nov-17
12European Banking Authority moves to ParisNov-17
11EU youth orchestra to quit UK for Italy over BrexitOct-17
10MBJ plans to open Berlin office and double headcount by end of 2017Oct-16
9HSBC to move up to 1000 jobs to ParisOct-17
8Covington & Burling to ‘expand into Ireland because of Brexit’Sep-17
7The insurance company Hiscox has set up a new base in Luxembourg Sep-17
6Liberty Speciality Markest sets up EU headquarters in Luxembourg Jul-17
5Lush Cosmetics to move operations to GermanyMar-17
4AIG to set up new base in Luxembourg to service EU businessMar-17
3Lloyd’s of London will move jobs to new Brussels officeMar-17
2Almac admits new operation in Dundalk is because of BrexitFeb-17
1Brexit: British company Smiffys moves HQ to EuropeOct-16

Lord Digby Jones tells Andrew Neil before the referendum there will not be a single job lost because of Brexit

Digby Jones explaining that Britons in a hundred years time will thank God they came out of the EU