City finance professionals are so worried about the future that nearly 30% are planning to leave London, according to a survey by eFinancialCareers, a jobs website.

Many have taken tangible steps towards moving, such as sending their CVs to overseas companies, and in some cases discussing internal transfers with their employers.

Their most desirable destinations are Zurich and New York, followed by Singapore, Geneva and Hong Kong.

Fifty-seven per cent believe more City redundancies are 'probable' or 'definite' in the next six months, the online survey of more than 400 London-based financial professionals found. It comes at a sensitive time for the City.

Financial Times