Hello everyone. I am a continental European who will be starting a job in strategy consulting in London after uni. I have studied in the UK and was really excited about working in London, thought it was the place to be in Europe with the most diverse workforce, exciting projects, etc etc. However I am afraid Brexit may change all this and London will become a somewhat more regional office and less prestigious. It is particularly disappointing thinking of how hard it was to secure a job here. Also, the pay, already not the best in Europe because of how expensive London is (rent, living, etc), is now somewhat even worse relatively because of a weakened sterling.
I was wondering what your thoughts are on how Brexit will change the consulting scene in London in terms of interesting projects, type of people, prestige on your resume, compensation.. And anything else you can think of? Does it still make sense to choose London over other European offices? Is there any benefits? Will the London brand help me transition to other offices should I wish, or actually become a liability due to recent political events?
Thanks a lot,
A concerned European
Thanks a lot for your answers, very comprehensive. A follow up - if it makes so little sense to work in London (even before Brexit), why are so many people applying there instead of their local/national office in your opinion?