Wednesday, 3 August 2016

UK STILL SEEKING INVESTMENT FROM ABROAD

A spokesman for the government has said they are still seeking investment from overseas (HERE) and this is to reassure investors after the EDF/China nuclear power station at Hinckley point was put on hold.  Of course, no one can be surprised that we still need foreign direct investment, the question however is will we get as much as we would have done if Brexit had not happened?

The answer must be no.  Companies thinking about investing here as a platform to export to the EU must at the very least be waiting to see what happens while some may be making other plans because they cannot wait for the uncertain outcome of future negotiations with no timescale for completion. 

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