• Privacy policy
  • T&C’s
  • FAQ
  • Meet the Team
  • About The London Economic
  • Advertise
TLE ONLINE SHOP!
NEWSLETTER
SUPPORT THE LONDON ECONOMIC
  • TLE
  • News
  • Politics
  • Opinion
  • Business
  • Sport
  • Entertainment
  • Film
  • Food
  • Lifestyle
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
  • TLE
  • News
  • Politics
  • Opinion
  • Business
  • Sport
  • Entertainment
  • Film
  • Food
  • Lifestyle
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
No Result
View All Result
Home Business and Economics Business

Business survey results signal “absolute disaster” if government doesn’t get a grip on Brexit very soon

A UBS survey of 600 companies that spells out the reality of a Brexit “dividend” for British business could signal disaster if the government doesn’t get a grip on the process soon, Professor Brian Cox has said today. The physicist posted results from a recent business survey that showed 35 per cent of companies plan […]

Jack Peat by Jack Peat
June 26, 2018
in Business, News, Politics
Theresa May

A UBS survey of 600 companies that spells out the reality of a Brexit “dividend” for British business could signal disaster if the government doesn’t get a grip on the process soon, Professor Brian Cox has said today.

The physicist posted results from a recent business survey that showed 35 per cent of companies plan to reduce UK investment post-Brexit.

A further 41 per cent plan to move a large amount of capacity out of the UK and 42 per cent plan to shift capacity to the euro zone.

The results come hot on the heels of news that safeguarded jobs in the UK have fallen 54 per cent in the past year after the number of UK projects funded by Foreign Direct Investment (FDI) dropped nine per cent.

Figures from the Department for International Trade showed projects in Wales have fallen 33 per cent, with Scotland witnessing a 23 per cent fall, Northern Ireland an 18 per cent drop and London a 17 per cent decline.

Professor Cox posted: “I know that brexit’s about more than money and I should stick to physics and I’m a member of the elite from Oldham etc. etc. But these statistics from the UBS survey are quite shocking to me. They signal an absolute disaster if government doesn’t get a grip very soon”.

See the results in full below:

RelatedPosts

Watch – After billions spent on test and trace Sunak says people ‘trust us with their money’

Lockdown and vaccine sceptics fuming as lockdown and vaccine sceptic journalist gets jab

Police cannot explain ‘unfair’ use of powers against BAME people

Watch: Labour’s Shadow Chancellor won’t say if supports keeping Universal Credit uplift in perpetuity

UBS survey of 600 companies spells out Brexit “dividend”:
– 35% of companies plan to reduce UK investment post-Brexit
– 41% plan to move a large amount of capacity out of UK
– 42% plan to shift capacity to euro zone pic.twitter.com/ViGD8Cmy8j

— Peter Thal Larsen (@peter_tl) June 26, 2018

RELATED

In numbers: UK jobs lost to Brexit so far this year

Revealed: How hedge funds earned millions in Brexit’s “big short”

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Support fearless, free, investigative journalism Support fearless, free, investigative journalism Support fearless, free, investigative journalism

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending fromTLE

  • All
  • trending

What If We Got Rid Of Prisons?

Stress, fear and homelessness: The threat looming over families confronted with eviction

File photo dated 07/11/03 of a prison cell.

The Other Prison Pandemic

Latest from TLE

Watch – After billions spent on test and trace Sunak says people ‘trust us with their money’

Credit;PA

Doctor appears in court video call for traffic violation while performing surgery

Credit;PA

Lockdown and vaccine sceptics fuming as lockdown and vaccine sceptic journalist gets jab

Credit;PA

What the parable of the 6.2cm journalist teaches us about NHS data

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

Contact

Editorial enquiries, please contact: jack@thelondoneconomic.com

Commercial enquiries, please contact: advertise@thelondoneconomic.com

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Opinion
  • Business
  • Sport
  • Entertainment
  • Film
  • Lifestyle
  • Food
  • Property
  • Travel
  • Tech & Auto
  • About The London Economic
  • Meet the Team
  • Privacy policy

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.