UK Trade Reshuffle Leaves City Bankers Exposed to Shocks Abroad

  • Think tank say risks have shifted from factories to cities
  • New threats underline changing composition of UK economy

High-earning British bankers, lawyers and consultants are now some of the workers most vulnerable to trade shocks, according to the Resolution Foundation.

In a report published Monday, the think tank said the declining importance of manufacturing and rise of export-oriented services mean the risks of international exposure have shifted from the factory floor to cities and offices.