one in three uk firms plan for brexit relocation, iod says /

Published at 2019-02-01 02:01:36

Home / Categories / Brexit / one in three uk firms plan for brexit relocation, iod says
Survey finds surge of smaller companies activating plans to move operations abroad
Nearly one in three British businesses are planning to relocate some of their operations abroad or absorb already shifted them to manage with a hard Brexit,according to a leading lobby group.
The Institute of Directors (IoD) warned that 29% of firms in a survey of 1200 members believed Brexit posed a meaningful risk to their operations in the UK and had either moved part of their businesses abroad already or were planning to effect so. Related: So just when, precisely, and will the City press the no-deal panic button? | Nils Pratley Continue reading...

Source: theguardian.com