Brexit Uncertainty Has Firms Delaying U.K. Investment Decisions - News Summed Up

Brexit Uncertainty Has Firms Delaying U.K. Investment Decisions


“We haven’t made that decision yet, and it has been made more difficult by the uncertainty,” Mr. Neill says. As a result, some have delayed spending decisions or changed their U.K. investment plans. “Companies are waiting for the outcome of the [Brexit] negotiations,” says Terry Scuoler, head of the EEF, a British manufacturers’ association. “Making the car somewhere else could alienate some of our customers.”Yet Brexit may affect the car maker’s investment decisions in other ways, he says. And indeed, in a few instances, the Brexit vote has led to U.K. investments that might not have happened otherwise.


Source: Wall Street Journal September 25, 2017 02:03 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */