Overview
- The WTTC board has approved a review to explore relocating its London base, with no final decision announced.
- Italy, Spain and Switzerland are under consideration as potential host countries, according to the organisation.
- Chair Manfredi Lefebvre says a European location could offer lower operating costs, EU single market access and easier hiring of multilingual talent.
- WTTC has begun consulting its London staff and says its research output and member services will continue without disruption.
- The potential move is being reported alongside a broader post-Brexit shift of institutions and companies relocating EU-facing operations from the UK.