It wasn’t so long ago that Milan was cast aside as a grey, uninspiring industrial city, with the only sprinkle of colour coming from its fashion sector. But the northern Italian powerhouse now has a newfound energy and confidence – and it’s partly driven by Brexit.

As the consequences of the UK’s withdrawal from the EU have kicked in, a significant number of bankers, fund managers and other financial services workers have shifted from London to Milan – an option that would never have been considered a decade ago.