"The drastic fall of Sterling, as well as the uncertainty over future trading arrangements with the European Union, have increased both present costs and future risks for the firm. This has made it increasingly hard to win contracts outside of the UK."
At the end of the day businesses have higher costs or are leaving the UK because of Brexit.
There's no point denying the reality. Nobody can argue that right at this moment Brexit is driving business success.
Bank of America spent $400 million to relocate from UK to Ireland. [1] for example. And they're not coming back.
At the end of the day businesses have higher costs or are leaving the UK because of Brexit.
There's no point denying the reality. Nobody can argue that right at this moment Brexit is driving business success.
Bank of America spent $400 million to relocate from UK to Ireland. [1] for example. And they're not coming back.
https://www.google.com/amp/s/amp.ft.com/content/b9d43bba-2f7...