Roles at Intercontinental, HSBC, Barclays, UBS and Toyota could be moved to Europe.
More than 100 jobs at a popular hotel chain are under threat of moving to Europe as several global brands announced they will leave the UK following Brexit.
Staff at InterContinental Hotels Group in the West Midlands are ‘crushed’ to learn their positions are set to move to Portugal.
At the same time, banks HSBC, Barclays and UBS have all indicated they are set to move hundreds of jobs to the continent. 
Meanwhile Toyota boss Takeshi Uchiyamada, told the Financial Times  the company would need to work out how to “survive” following Theresa May’s speech on Tuesday. 
Staff at InterContinental have been told their jobs are moving because the Brierly Hill site has the “highest cost globally compared to similar operations”.
Amanda Gearing, GMB senior organiser for GMB, said:
“This is terrible news – the staff affected are absolutely crushed.
“They have families and lives in the West Midlands – they can’t be expected to up sticks and move to Portugal.
“This news, on top of a host of other companies announcing they will abandon the UK ship, shows Theresa May Brexit strategy is already unravelling.”
Contact: GMB Press Office on 07958 156846 or at firstname.lastname@example.org
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