The CEO of the huge German electrical conglomerate Siemens says Brexit will affect future investment decisions and is already impacting on their wind turbine plant in Hull.
He said: "Short term, in terms of any investment decisions you want to make here, especially those that result in exporting to the European Union, they will be on ice. No question about that."
I can easily imagine this thinking is being replicated at this very moment in hundreds of foreign companies with businesses in the UK. Prospering like never before.
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