• More to move abroad

  

  Increasing number of City workers will look to move abroad during 2009.  This is the view of John Philpott, chief economist at the Chartered Institute of Personnel and Development, as he reviews the impact of the severe downturn which is likely to be officially declared a recession very soon.  He thinks that we are likely to see financial sector workers moving, in particular, to Dubai or Indonesia, especially if they are young and do not have a family.

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