Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Wednesday 29 June 2016 10:10 am

Vodafone might move its London HQ to Europe after Brexit

By: Emma Haslett

Add as a preferred source on Google

One of the UK's largest employers has suggested it may consider moving its global headquarters out of London after the Brexit vote. 

Vodafone Group, the parent company of Vodafone, which has more than 100,000 employees around the world, said it was "not yet possible to draw any firm conclusions regarding the long-term location for the headquarters of the group.

"We will continue to evaluate the situation and will take whatever decisions are appropriate in the interests of our customers, shareholders and employees," a spokesperson said.

Read more: Britons started looking for jobs abroad as soon as the Brexit vote came out

"The UK's membership of the European Union has been an important factor in the growth of a company such as Vodafone. Freedom of movement of people, capital and goods are integral to the operation of any pan-European business as are single legal frameworks spanning all member states.

"Access to the emerging European digital single market should represent a significant opportunity for the UK, one of the world's leading digital economies."

Vodafone isn't the only one to hint at shifting its operations if the UK doesn't get a post-Brexit deal it sees as advantageous. 

Virgin founder Richard Branson said yesterday the company had pulled out of a "very big" deal which would have involved 3,000 jobs. 

In an interview with ITV, he repeated a call for a second EU membership referendum. 

“We're heading towards disaster and therefore in business if you realise you made a bad decision you change it.

"We're not saying to overrule it, just let the same people who voted have another chance and that's democratic."

It has also been reported Visa could relocate hundreds of UK jobs to other European countries as part of its £17.5bn takeover by its US sister company.

The company, which employs more than 1,000 people in London, said yesterday it "continues to monitor the situation carefully". 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Trending Articles

  • I’ve taken the best train trips in the world. Here are my 5 favourites

  • Nothing fails to file accounts months after dissolution threat

  • Nottingham Forest owner Marinakis announces £210m stadium plans

  • Harry Styles at Wembley Stadium review: running through the grief

  • Burnham tax plans spark investor rush to bank capital gains

More from City PM

  • VodafoneThree enters race for TalkTalk customers with takeover bid

    Telecoms
    Vodafone CEO Margherita Della Valle discussing UK expansion strategy after £4.3bn Vodafone-Three telecoms deal at press c...
  • Barclays splashes £750m on Canary Wharf base in ‘strong endorsement’ of London

    Banking
    Barclays investment bank income soared in the first quarter.
  • ‘Not all sunlit uplands’: Pub bosses weigh in on whether Brexit leaves a bitter taste

    Hospitality
    Tim Martin speaking at a business conference, standing at a podium, discussing economic trends and strategies for growth
  • Tale of two cities: London leaps ahead in global finance but domestic growth stalls

    Economics
    Getty Images number 2154617464 depicts a relevant scene for the articles unidentified content, suitable for business context.
  • A decade after Brexit, what does the City want next?

    Banking
    European Business Alliance meeting discussing economic growth strategies, with diverse leaders engaging in a roundtable di...
  • On this day: Brits vote in referendum that changes everything

    Opinion
    UK flag and EU flag waving side by side, symbolizing Brexit referendum discussions and future political relations.
  • Starmer agrees investment deal with Japan as EU deal questioned

    Politics
    UK and Japan leaders discuss bilateral trade agreements at a high-level government meeting in London.
  • Brexit ten years on: my journey from Remain to Leave

    Opinion
    UK Parliament voting on Brexit Leave decision, politicians in debate, capturing pivotal moment in Brexit negotiations

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy