'Owner of Cheshire Cheese Co was planning to invest £1 million... he’ll be investing in France instead' [2 mins]
24/01/2021
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.
Manufacturers say fears over red tape and political chaos are creating more uncertainty.
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.
Braverman unable to identify a single industry to benefit from Brexit in excruciating interview
26/11/2023
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.
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.
Brexit crippled the UK economy – Liz Truss just made it worse | Economics | New Statesman [5 mins]
22/10/2022
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.
A record number of foreign investment projects were launched in Flanders in 2021, including many as a result of the United Kingdom’s exit from the European Union.
Survey finds majority of factory owners have cut investment, as insolvencies hit six-year high.
Brexit fuels sharper fall in takeovers by UK investors in continental Europe than worldwide average
08/03/2021
The coronavirus pandemic and Brexit hampered deal activity between the UK and continental Europe in 2020, with the number of European businesses bought by UK acquirers falling by nearly a third.
Slump in business investment since vote to leave EU has cost each household £1,000 in lost productivity
In reality, Brexit has hobbled the UK economy, which remains the only member of the G7 — the group of advanced economies that also includes Canada, France, Germany, Italy, Japan and the United States — with an economy smaller than it was before the pandemic.
Dave Ramsden said the 2016 referendum had contributed to a lower “speed limit” for the UK economy compared to other nations.
Brexit has hit UK's position as a gateway to Europe for imports, say freight firms [3 mins]
06/08/2021
Brexit has damaged the UK's position as a gateway to Europe for imported goods and increased red tape.
Brexit has left the UK economy 5.5% smaller than it would have been and added to the squeeze on public services that’s behind strikes crippling the railways and National Health Service, a prominent research group concluded.