In the race to replace London as Europe’s financial hub,the tall accommodation costs in Paris count against it, study findsFrankfurt and Brussels are emerging as tempting alternatives to London as European financial hubs in fraction because they have cheaper accommodation costs than Paris. The British and French capitals are the most expensive cities for housing employees, and costing businesses an average of €85000 (£74000) and €72000 per worker per year respectively in residential and office rent. The research by upmarket estate agent Savills was released as Theresa May launched the two-year countdown to Britain’s departure from the EU.
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Source: theguardian.com