A QUESTION mark hangs over the future of eight York jobs as an investment management firm leaves the city.

Brewin Dolphin announced yesterday it is consolidating its York office within the Leeds branch, resulting in the immediate closure of the Eboracum Way base.

Bosses at the firm say the move follows a full review of all relevant clients accounts, which favoured the Leeds office's larger teams of qualified investment managers and financial managers.

It is not yet known what will happen to the York office's eight staff, however the firms says its hopes they will chose positions elsewhere in the company.

Stephen Ford, director of Brewin Dolphin and head of Investment Management said “While we recognise this is a sad day for York, we are continually reviewing how we conduct business to ensure our clients receive the best possible service.

"I am confident that all our clients will be very well served from our new enlarged Leeds office and that we will continue to grow our important and highly valued business in Yorkshire from our new state of the art building."

The Brewin Dolphin office is currently located in Lisbon Street, Leeds, however will be relocated to Wellington Place in the autumn.

Michael Craven, head of Brewin Dolphin Leeds said: "I believe that all of our clients throughout the county and beyond, will benefit from having one stronger Yorkshire office with considerably increased resources and we look forward to welcoming clients and colleagues from York.”