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Looks like there will be disinvestment by Japanese companies in UK financial services sector for 2021 too. Nomura International PLC has just notified Companies House that they have reduced their capital from US$11.2bn to $3.2bn.
Before Brexit, the owner of Cheshire Cheese Co was planning to invest £1 million and dozens of jobs in a Northern town. Because of Boris’ Brexit deal, he’ll be investing in France instead. So much for a ‘Brexit boom’.
After several years of increasing FDI, Brexit has caused inbound investment to dip in the UK.
A new survey has found that Brexit worries are increasingly impacting business decisions in Ireland, with half of small and medium-sized enterprises in Ireland cancelling or postponing investment plans as a result.
@AdamPosen shows how Brexit has curtailed UK trade, FDI inflows, & immigration growth in a series of charts presented at @UKandEU's The Economics of Brexit conference 2022. #PIIECharts
The battle for foreign investment is not a game conducted on public school playing fields. It is ruthlessly fought by governments armed with every trick in the book.
Boris Johnson and his team have only 3 months before Brexit, "very little time" to make significant preparations for a no-deal scenario says Sumona Guha, Albright Stonebridge Group Vice President.
Manufacturers say fears over red tape and political chaos are creating more uncertainty.
British PM is now more likely to push for 'harder' divorce from EU.
A comprehensive and impartial assessment of the implications of Brexit for economic activity in the UK and the rest of the world.
Ben Broadbent says projects postponed amid political uncertainty will be cancelled.
Sick of customs delays and extra bureaucracy since Britain left the European Union, Farrat, a small manufacturer on the edge of Manchester, is ramping up investment to compensate - in Germany.
Nick Robinson asked the former home secretary if she could identify a single industry that has benefitted from Brexit... she could not.
As self-inflicted disasters go, it ranks as one of the worst in modern economic history."
Whether for inward investment, exports or tourism, Germany is a top five country for Ireland with potential for much more.
BREXIT uncertainty coupled with data protection pressures have led to a 15 per cent drop in the number of small and medium-sized businesses recorded as accessing free help such as advice and workshops last year.
The Dutch foreign investment agency NFIA was involved last year in helping 423 foreign companies either set up in business in the Netherlands or expand their current operations, the agency said on Thursday.
‘Brexit is materially restricting our growth now,’ manufacturer Farrat says. / Manchester — Sick of customs delays and extra bureaucracy since Britain left the EU, Farrat, a small manufacturer on the edge of Manchester, is ramping up investment to compensate — in Germany.
While the picture’s hardly pretty and certainly not what advocates of Brexit envisioned, none of it surprises economists. As a former Bank of England official observed: “You run a trade war against yourself, bad things happen.”
The evidence increasingly shows that our decision to leave the European Union has lifted the price of imported goods, flattened business investment and damaged trade.
Economist Duncan Weldon and the New Statesman’s polling expert explore how Brexit and austerity have damaged the UK economy and set the stage for Liz Truss’s “mismanagement.”
UK seeing ‘biggest squeeze on living standards’ on record, says head of fiscal watchdog.
Brexit delays have led Perth-based cannabis oil company Voyager to acquire a manufacturing factory in Poland for £1.5 million.